Home Selling in Naples>Question Details

Trulia Naples, Other/Just Looking in Naples, FL

Security systems are easy to add but often come with a one-year contract, do you have to disclose this to the buyer when flipping a house?

Asked by Trulia Naples, Naples, FL Fri Jan 11, 2013

Help the community by answering this question:

Answers

7
I would definitely include all of your information about your security system when selling a house. You need to make sure that they're well informed about the contract and the way it will affect them living in the home. It's good to have a security system when selling though, since it will add to the value. http://www.alltronicsecurity.com.au
0 votes Thank Flag Link Wed May 20, 2015
It would probably be a good idea to tell them about any contracts that come with the house. I know that I wouldn't be happy to have surprises like that if I was buying a house. They would probably like knowing that there is a security system installed and all the fees involved. A security system would be a draw for me, but that just might be my opinion. http://aegissecurityaz.com/Services.html
0 votes Thank Flag Link Mon Mar 9, 2015
Usually, the service contract is portable, but the hardware installed stays with the real property. I would simply call the security company and ask them and then disclose if the buyer is locked in to a contract. Good luck.
0 votes Thank Flag Link Sat Mar 7, 2015
It would be irresponsible to not inform the buyer of any contracts on the house like security systems. However, I'm unsure of how the security company would handle moving the contract over. Would you be able to move your security system with you if you wanted to or would you have to get a new contract when you moved to your new place? http://www.marshallalarm.com/securitysystems-residential.asp
0 votes Thank Flag Link Thu Mar 5, 2015
You generally have to disclose just about anything about the house when you're selling it. If there's a security system installed that's on a specified contract it would be important for the buyers to know that. You should talk to the company that installed the system though, to see if there's any way to move the system to a different property considering the fact that you'll be moving.
http://www.securitysourceusa.com/
0 votes Thank Flag Link Thu Jan 15, 2015
I think that it would definitely be a good idea to disclose it to the buyer. They have the right to know what the contract for their security system says. Just think about if you were buying a house. You would want to make sure that you had this information in advance. http://www.alarmresearch.com/residential-solutions/
Flag Thu Jan 22, 2015
No flippers should be adding that sort of security system on a flip, but if they are... my advice would be for the flippers aka sellers to pay for that first year of service.
0 votes Thank Flag Link Fri Jan 11, 2013
Not sure why you'd add a security system on a flip, but why wouldn't you disclose the service contract?
Web Reference: http://www.archershomes.com
0 votes Thank Flag Link Fri Jan 11, 2013
It does seem strange to add a security system to a house that is getting flipped. It might be a good choice if the house was is a less reliable neighborhood. The fact that it has security might be a draw to potential buyers. Then a system would already be in place and it could be one less thing for them to worry about.
http://www.ojaialarm.com/systems/
Flag Mon Oct 27, 2014
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer