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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
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How much does a celebrity's name boost the price of a property?

A 
Typically no more than 5 percent, but there are exceptions--the greater the fame, the higher the price!
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Joy Jordan, REALTORŪ, real estate agent and broker for Abilene Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Joy Jordan
RE/MAX of Abilene

2545 South Danville Drive
Abilene, TX. 79605
Office: 325-695-3730
Direct: 325-793-5060
Cell: 325-338-7740
Fax: 325-695-5313
Email: joyljordan@aol.com

I HAVE BEEN WORKING IN REAL ESTATE IN ABILENE, TEXAS FOR 29+ YEARS. "SERVICE IS MY SPECIALTY", AND I EXTEND MY SPECIALIZED SERVICES TO EVERYONE I ENCOUNTER IN MY PROFESSION. I HAVE SERVED AS AN ADVISOR TO MANY FAMILIES, AND I FIND GREAT SATIS-FACTION IN BEING ABLE TO WORK AND HELP OTHERS AS A RESULT OF THE REAL ESTATE KNOWLEDGE AND EXPERIENCE I HAVE ACQUIRED THESE MANY YEARS.

Equal HousingMLSREALTOR


RE/MAX of Abilene real estate and homes for sale in Abilene Texas

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