Selling Condos with Furniture
Any contracts that we receive with personal property (ie: furniture including, fully furnished, etc) must be accompanied by a fully executed contract addendum stating that no value was given to the personal property (or like wording). In addition, the appraiser must update their report (or provide an addendum) that specifically states the following information:
1. That they were aware the personal property was included
2. That it is typical for the area &
3. That no value was given for the items listed.
**If value is given, the sales price will be reduced accordingly & addt'l conditions may apply.**
Please note: If the addendum was fully executed & then "personal property given for convenience to seller & at no cost to buyer" was written in, all parties must initial where the info was written in.
Please help us follow guidelines so that it expedites our closings. Please call me with questions. Donna
Donna H. Millen
Sales Manager
President's Club Member
Wells Fargo Home Mortgage
M 7838-011
1259 38th Ave. North
Myrtle Beach, SC
843-443-3183 Tel
866-909-9465 ext.3183 Toll-free
843-457-1893 Cell
843-626-4703 Fax
donna.h.millen@wellsfargo.com
www.wfhm.com/donna-millen


