All buyers want to know “what stays with the house?” In other words, what personal items convey with the sale, or, what the seller is going to “leave” at the property. In most cases your buyer’s agent will point out the items that “stay” and the items that may “go” as the seller’s pack up. Here’s what you need to know:
Read your Purchase and Sale Contract. This is the definitive source for contractual obligations between the buyer and the seller. In the Vermont Association of Realtor’s Purchase and Sale Agreement, for example, “curtain rods” stay but not curtains.
Appliances are personal property. This means that the refrigerator, range, washer/dryer, etc. may or may not convey with the sale. Be sure to have an addendum to the contract to list appliances if they are to “stay” with the house. Be aware that personal property is typically in “as is” condition. If the microwave has a loose handle, for example, it is not the seller’s obligation to fix it.
What about furniture? In the last few years buyers began to express interest in purchasing furniture and art from the sellers. This is becoming more and more common and sellers and buyers are working out this transaction on their own. We refer to it as “outside of closing” meaning that it is a private sale that is not part of the Purchase and Sale Contract. If you’re a seller, have your Realtor check with the buyer’s agent before you post on Facebook Marketplace, you may be able to sell directly to the buyer.
Have more questions about the buying or selling process? Feel free to get in touch, we’d love to help you out!