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Real Estate closing question
Anonymous3 views3 answers
We are about to close on a house in Port Saint Lucie. The seller wants to buy the furnishings in the home but he wants to give us the money the day of closing. If we close on the house and he doesn't have the money are we able to get our furniture out of the home or does he take possession of everything?
heryl Ann EdwardsForeclosure AttorneySarasota, FLFL licensed ·
A skilled real estate attorney can assist you with closing one transaction contingent upon the other. Why haven't you hired a real estate attorney to close your transaction? The cost is typically the same as closing with a non-attorney title company?
An attorney can draft an agreement where you receive money or take the furniture. You should already have an attorney for the closing or else you are already at risk.
I agree with the other lawyers that you should hire an experienced real estate lawyer to protect your interests. However, the bottom line is that if the seller does not pay for the furniture, it remains yours and your have a right to get it back. In addition, if the purchase of the furniture is referenced in a contract prepared by your real estate broker, the broker is liable for sales tax on the sale of the furniture. Your lawyer will help your straighten out the situation.
