When a home gets foreclosed, once the old owner is out everything inside becomes "left behinds". Often the banks will have someone remove old furnishings and trash that may affect for showing purposes, but things in ok shape are frequently left in the property. Furnishings are of no material value to the transaction, since you are buying the structure. Keep in mind many Freddie homes end up being sold via FHA loans...and those require a working range and heating system in order to close.
Charles Rutenberg Realty
I have sold these properties under the Freddie Mac Home Steps Program. Under this program, appliances that are with the property are passed through and left to the new owners. If the former owners took the Stove, etc, the Home Steps usually replaces the appliance with a new or nearly new one. It all depends on the price of the home sometimes.
The disclaimer from Freddie Mac about that they do not convey personal property is for a number of possible circumstances and specific loan program requirements for possible new owners. The Home Steps program may even have a Home Warranty that is attached to the sale of the property that covers the appliances. I can better explain it to you directly. Remember, each sale of a property is a unique event.
If you have further questions about this program or other options that you may have, feel free to contact me at http://www.kenipox.net or by email or phone.
Thank you and have a Great Day.
Ken Ipox, Realtor
I have run into this several times. They do not want appliances included in the sale price. I'm assuming it is to cover them in the event the new buyer defaults on the loan. While in a normal market a home appreciates in value, appliances lose their value rapidly.
I had one instance where the home appraised so close to selling price that they made me remove two very old end tables that were in the basement from the includes. The resale value? Probably about two bucks!
Hope that helped.