The real estate market in the Blue Ridge area of the North Georgia Mountains is primarily a second home market consisting mostly of log cabin style homes used for vacation and/or retirement homes. Most of these cabins are furnished with beautiful, rustic décor.
Many times, a seller will not want to move or store the cabin furniture when their cabin sells and will be open to letting many items go with the real property.
If a respective buyer requires a mortgage, it is recommended for buyers and sellers to negotiate personal property outside of escrow since the purchase price is for real property; otherwise the furnishings will need to be appraised and the purchase price increased if personal property is included in the sale and will affect lending requirements.
When are you planning to make your next real estate move?
Call or text Donna today at 706-633-0644. Email donna@donnayates.com
Visit: Move 2 North Georgia
Comments on: "Real Property vs. Personal Property: Negotiating Tip for Buyers and Sellers" (2)
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