Understanding Built-Ins and Their Impact on Home Sales§
Built-ins refer to items or structures that are permanently attached to a home. Examples of built-ins include appliances, fireplaces, attached garages, art niches, columns, domed ceilings, and other structural enhancements.
Examples of Built-Ins§
- Appliances: These can be considered built-ins and typically convey with the home in one sale but might not in another.
- Fireplaces and Columns: Structural enhancements that are integral parts of the home.
- Attached Garages: These are considered built-in structures providing additional value and utility.
What Makes Built-Ins Unique?§
Certain items might be considered built-in for one home but not another. For instance, appliances can be negotiated either to stay with the home or be taken by the seller.
Negotiation and Built-Ins§
During the negotiation phase of a home sale, buyers have the opportunity to request the inclusion of specific appliances or built-in items. The seller has the choice to either agree to leave these items or to adjust the selling price in accordance with their value.
Seller’s Discretion§
It is ultimately at the seller’s discretion whether or not an item that is not physically attached will convey with the property. Sellers should clearly state what is included and buyers should ensure these are explicit during negotiations.
Making the Most of Negotiations§
Buyers and sellers should discuss all items of interest early in the negotiation process. Clarity about what constitutes a built-in and what doesn’t can prevent potential misunderstandings and ensure smooth transactions.