Property Furnitures

Discussion in 'Auctions' started by troyleathers79, Mar 4, 2019.

  1. troyleathers79

    troyleathers79 New Member

    When auctioning a property. Does it include all inside? Like this house we bought. We found some good expensive furniture like Eames Chair UK Stock and the owner said it is nor part of the auction. How does that work?
     
  2. John62

    John62 New Member

    It's possible, that the owner just equipped the house with furniture in order to attract buyers. Normally in that case it's not high quality furniture, because it should just help to visualize how the house could look like. Did you already sign a contract? This information should be mentioned in the terms when you buy it. And when did the owner inform you that the furniture is not for sale?
     
  3. lookinginvest

    lookinginvest Member

    Clarify everything with the auction house before you start bidding. Everything should be set-out in the sale literature.
     
  4. Veronica

    Veronica Administrator

    Unless a property is advertised as fully furnished it is best to assume that the furnishings are not included in the sale. You can sometimes negotiate to buy it separately.
     
  5. Longterminvestor

    Longterminvestor Active Member

    Is there an argument that rental properties with furnishings are more attractive to potential tenants and could attract a significantly higher rate of rent?
     
  6. lookinginvest

    lookinginvest Member

    Assume the worst and hope for the best :) Thats what they all say isnt it?
     
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