Should You Leave Playground Equipment at an Investment Property?
If you’re considering selling your home, you may be wondering if you should get rid of the swing set in the backyard. While a playset won’t necessarily hinder the sale of your home, you’ll want to make sure it’s in excellent condition.
The playground equipment may be an exciting amenity to a family with young children. If the neighborhood is bustling with kids, fix it up, make sure it’s structurally sound, and prepare to leave it.
At the same time, if everyone else on the block is at retirement age, a swing set may not be an excellent selling feature. Home buyers will have to think about removing the play set themselves, and it may sway their opinion of your home.
Believe it or not, play structures and basketball hoops have been a major reason for dispute between a home buyer and seller. In a home sale, there is often confusion about what stays and what goes.
A large play set can sometimes be considered a fixture or real property if it is attached to the ground. Some buyers plan for you to leave it; others hope it will be disassembled on closing day.
If you’re removing the structure, doing so before you even show the home is your best bet. If you’re not able to do so, make sure this condition is disclosed to all interested parties right away.
Do You Need a Hard Money Loan to Buy an Investment Property in Atlanta?
If you’re looking for a hard money loan in Atlanta, we may be able to help you.
Call us at 404-814-1644 or contact us online to find out whether you might qualify for this type of funding. In the meantime, check to ensure that you meet our loan criteria. Our loan amounts can be up to 65 percent of the after-repaired value of the collateral—and if you use the loan for renovation or construction, the loan amount can be based on the collateral’s improved value.
Read our frequently asked questions and take a few minutes to learn about the hard money loan process.