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Our House is under Contract!

6/17/2014

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You’ve decluttered, cleaned beyond clean, kept your curtains wide open, keep the air conditioning/heat at the normal temperature, left the water on, put a lock box on the house, left when the buyers came, received an offer, and now you have a signed contract. What do you do next?

First, carefully read the “Offer to Purchase” under paragraph 2. If, as is the normal case, following “EXCEPT the following items:” it say “none”, that means all the foregoing items stay. Thus, window treatments, satellite dishes, and any other item attached to the property stay.

The following are irrelevant in this regard: “My grandmother gave me that wall mirror. That chandelier was special ordered and cost $450. I’ve always taken my Ohio State mailbox in the past.” So if you want to take an item with you, make sure it’s listed after “except”.

At Lake Gaston it’s normal for the sellers not to be at the closing.

Your lake attorney will prepare the deed, which you and your spouse will need to sign, from you to the sellers. Your real estate agent will look over the closing statement for you, but you should also look it over carefully yourself. If there’s anything you don’t understand, now’s the time to speak up.

Since the buyers’ attorney will prepare your check, make sure you convey to your agent how you want your funds conveyed to you.

If you’re a nice person, and I know you are, leave all the appliance manuals, warranties, etc. lying on the kitchen counter. It’d also be nice if you left a note explaining any quirks (all homes have a few) of the home and your new telephone number inviting your home’s new owner to give you a call if he likes. Lastly, give all your keys to your agent.

Now, on to "We’re Considering Buying!".

The above is not legal advice, but only the writer’s opinion.


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    Tom Waring is the owner of Lake Country Realty and has over 20 years experience selling and renting Lake Gaston vacation homes. 

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Lake Country Realty
1507 NC Highway 903
Littleton, NC  27850
252-586-5542