Seller Leaves Belongings Behind. You’ve been patiently waiting to move into your new home. The day has finally arrived! You turn the key to open your new home only to find the seller’s belongings left behind. And I don’t mean a cool lampshade or a piece of art you could work into your decore’. I mean three queen size mattress, old cleaning products under the sink, and a broken desk. What does a buyer to do? The home is technically yours now but the seller’s Realtor has promised to remove the items his client left behind.
Has this happened to you? What’s your recourse? In the Purchase and Sale Agreement in residential sales, the Optional Clauses states that any personal property, fixtures, or other items remaining on the property when property is transferred shall become the property of the buyer. However, seller agrees to clean the interiors of any structures, and remove all trash, debris, and rubbish on the property before buyer takes possession.
Even conducting a walk through of the property before closing unfortunately cannot prepare you for what could happen: three queen size mattresses in the garage that were promised to be removed. Bottom line: what’s in the house when the buyer takes possession is the new home owner’s responsibility. And although it’s an extra trip to the dump for you, getting the crawl space dug out or the electrical panel to code at the expense of the seller is far more important than that broken desk discretly discarded in the driveway of your new home.
I wrote a blog earlier about Backyard Cottages in Seattle or Detatched Dwelling Units. Since then, I’ve had numerous questions about them.
Whether you are considering a Backyard Cottage on your at least 4,000 square foot lot as a rental property, for an elderly family member, or a grown child you need to know the max square footage the structure can be is 800 sq ft. This includes any carport, attached garage, or storage.
You can decide to go through a contractor and architect or get a panelized or modular fabricated design. Fabricated is the fastest, and designed much like building blocks. Panelized takes a little more time and can be more customized.
It’s no secret adding a Backyard Cottage on your property can add extra monthly income. However there are some costs involved. Here is a link to a handy worksheet that breaks down Hard Costs and Soft Costs. Example of a Hard Cost is demolition or site preparation. A Soft Cost is a mortgage, or fees for utility hookups. Which aren’t cheap, by the way! Seattle City Light recommends separate electricity meters. This will save you way more money in the long run.
Make sure you save room for a parking space for your Backyard Cottage – this is a requirement!
For more information regarding Backyard Cottages and self help steps to diagrams, permits, and more – this site wins, hands down.
Check back frequently to www.cooperjacobs.com for our Backyard Cottage listings in Seattle City Limits.
I figured I would go ahead and share some of the stats I just passed along to a client since they were of interest to me:
Area 700 (Queen Anne and Magnolia) in Seattle info for price range $800,000 to $1,000,000
How many houses sold in December 2008 and January 2009? There were 3 closed sales – all in December in area 700 in that price range. In addition, there is one Pending listing. This is a listing that is waiting to close.
Current inventory of available homes in market area 700 in the same price range? There are currently 35 homes available in that price range and market area that are marked as ACTIVE. In addition, there is one property that is marked “Contingent” – it has an offer from a buyer who needs to sell their house first.
Staggering numbers in this range as far as active inventory, but the days on market average is still only 71 days for the 35 actives. To only have 3 sales is not as surprising based on the holiday season and also the recent winter storms, but by contrast residential sales under $800,000 in area 700 (Queen Anne and Magnolia) were much greater at 35 closed sales since December 1st. The smaller price range is definitely moving faster as many first timers who are qualified come out for ideal market conditions.
Flexibility in price and supreme market presentation is going to be key to standing out in this crowd!
Need more info on Queen Anne real estate?
Need more info on Magnolia real estate?
©Cooper Jacobs Real Estate Services (Seattle real estate – search all MLS listings from all companies for FREE)