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  • Why Sellers Choose Warren and Julie Frerichs - Why home sellers in Kinnelon, Pompton Plains and West Milford choose Warren and Julie Frerichs.

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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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What three things are necessary in order to purchase a home?

A 
Some cash, a dependable income and good credit. If you fall short, don't despair--homeownership may still be possible.
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Warren and Julie Frerichs, REALTOR®, real estate agent and broker for Kinnelon, Pompton Plains and West Milford, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Warren and Julie Frerichs
Realty Executives Exceptional Realtors

104 Newark Pompton Turnpike
Pequannock, New Jersey 07440
Home Office: 973.492.5782
Fax: 973.492.1570
Office: 973.838.6990
Warren: WarrenFrerichs@RealtyExecutives.com
Julie: JulieFrerichs@RealtyExecutives.com

Warren C. Frerichs of The Frerichs Team serves the needs of buyers and sellers along the RT 23 Corridor. We have extensive knowledge of home construction, values, and local markets that can save you time, aggravation, and thousands of dollars. You could work with an average Realtor, or you could work with the best. Read our testimonials, review our site, and choose wisely. Put our expertise to work for you. Call Warren and Julie Frerichs Today. 973.492.5782

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