This attention-grabbing phrase was included in the description of a house recently listed in the Los Angeles area MLS, and is an example of what is happening in this challenging real estate market.
Sometimes it is as simple as removing all the appliances and ceiling fans. However, some homeowners are removing everything including the kitchen sink from their homes - especially when facing foreclosure.
More and more frequently, items such as air conditioning systems, kitchen cabinets, bathroom vanities, toilets, windows and french doors are removed- nothing is left behind. The carpets are ripped up, switches torn from walls and there are no light fixtures. Naked wires hang from the ceilings - and there isn't even a toilet paper holder.
Around one in every five homebuyers arrives at their new place to discover fittings they expected to keep have been ripped out - from doorknobs and plastic light switches to rose bushes. In some cases, even lawns have been torn up...
Some Sellers are taking more than their washing machines
More surprisingly, seven out of ten homebuyers will find themselves embroiled in petty wrangling over certain fixtures on standard sales as many Sellers need extra cash for moving, utility deposits and basic living expenses. As a result, they are unwilling to give up items that have any kind of monetary or sentimental value.
Trying to buy a home that has been stripped can be a real challenge. Not only will you have to consider the added expense of repair and replacement but if the kitchen has been removed, you will have a very difficult time trying to secure financing.
Always remember - "Your Home is My Business"
Please call me for any of your real estate needs!
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