After several years of diligently saving money, I’m nearly ready to purchase my first home. Because I’ve been thinking about buying a home for so long, I know exactly what I want my house to look like. I desire a place that has three bedrooms and three bathrooms. I also need a quiet space to set up my home office in. I want a massive, walk-in closet in my master bedroom. My master bathroom needs to have double vanities, a tiled, walk-in shower, and a Jacuzzi tub. On this blog, I hope you will discover how to set priorities during your new home search. Enjoy!
When you buy a house, it may seem like closing on it is taking forever, and you might be extremely eager to take possession of the house. This is completely normal, but it does not mean you should sacrifice parts of the contract that were agreed upon. If you find that something from the house is missing when you perform your final walkthrough, here are some of the options you have for handling this situation:
When you write up a contract to buy a house, any standard parts of the house that are attached should automatically come with the house, but you can also ask for other things. For example, you could ask the seller to leave appliances, a certain fixture or piece of furniture, or an area rug that is in one of the rooms. If the seller takes anything he or she had agreed to leave, you could choose to simply ignore it and go through with closing on the house.
Choosing to ignore it is often a good option if the item is trivial, or if you really did not want the item that badly. If you really wanted the item, ignoring it might not be the best option you have.
A second option you have in this situation is to postpone the closing of your house, and this is a good option if the seller took multiple things or things that are really important to you. For example, if the seller was supposed to leave all the appliances but took them all, you may want to postpone your closing so you have time to settle the matter.
Incorporate an agreement into your closing
The other option you have is to create an agreement of some kind at your closing, and this should be in writing. It should state that the seller is agreeing to return the items in question, and it should have a time limit on this. You may want to give the seller two days or longer to do this, but you should always have a deadline.
Another option is to ask the title company to write a note on this and create an escrow account for the deal. The title company could hold back a small portion of the money due to the seller until the seller gives the items to you. If the seller fails, you would get the money that was placed in escrow.
These are the three options you have for handling a situation like this. If you have questions about this, talk to your real estate agent today.