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Local Information: Roanoke Virginia home buying, real estate listings, and homes for sale in Roanoke                        County, VA
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Real Estate Tips
Real Estate Contracts >The Sales Price

After your search for a house and all the negotiations are over, you arrive at the the sales price. Finally, you feel some certainty about your bottom line. However, it is not unusual for there to be disagreements about what is included in the sales price. Careful drafting of the paperwork can help to avoid future disputes.

The following definitions may help. Real property is land and any permanent attachments, such as buildings, landscaping and fences. Personal property consists of movable possessions, such as furniture and clothing. A fixture is defined as an item of personal property which has become part of the real property by virtue of becoming permanently attached, such as a new sink, a Jacuzzi, or a chandelier.

The principal area of dispute about the sales price often relates to fixtures. Most preprinted real estate contracts will provide space for the fixtures to be listed. Whether you are selling or buying, you should make use of this space. Do not assume curtains, satellite discs, antennas or fireplace equipment come with the house. You should also make it very clear what you don't want left on the property. If you are specific about every item that may be questionable, you will greatly reduce the chances of a dispute after the closing.

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Real Estate Trivia
Q 
What was the longest distance a building has ever been moved?

A 
Detroit's five-story Gem Theater, built in 1927, was moved 1,850 feet (5 blocks) to make way for two new sports stadiums.
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Durant & Sandy Vick, REALTORŪ, real estate agents and broker for Roanoke, Salem and Roanoke County Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Durant & Sandy Vick - THE VICK TEAM
The Real Estate Group

1636 Apperson Drive Salem, VA. 24153
6276 Smokey Ridge Road Roanoke, VA 24018
Durant - Cell: 540-354-4444
Sandy - Cell: 540-314-4444
Office: 540-375-9000
Fax: 540-375-9284
Email: DurantandSandy@NUMBER1EXPERT.com
Email: durantvick@cox.net

Seeking real estate assistance in Roanoke, Southwest Roanoke County, Botetourt County, or Salem, Virginia? Sandy and Durant Vick GRI ePRO are your Roanoke, Virginia ready source whether you are buying or selling property in the Roanoke area. Email or call today for fast, dependable service. "...working with others so desirable things happen for our clients."

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