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In a short sale if the seller took the appliances but they're listed, can I ask for a credit?

I'm looking at a short sale in AZ. On the listing it says all appliances included except the washer and dryer; however, the only appliances in the condo were the washer and dryer which makes me feel like it's almost a bait and switch. My realtor said the lender won't approve a loan with absolutely no appliances, which I can't see as true. I'm afraid the bank will remove the washer and dryer and tell me too bad so sad for the rest. Am I able to request a credit for a new kitchen suite and the washer and dryer to stay?
  • April 22 2013 - Mesa
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Answers (7)

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In ANY sale, the only way you get appliances or a credit is if they are on the contract, not the listing or verbal. In a short sale, the seller still owns the home and may want their appliances. 

It sounds like the listing agent on the home may have a typo in regards to the washer/dryer or the sellers, not the bank, just simply haven't removed them yet. Have your realtor confirm with the listing agent if they stay or go.

A bank is not interested in the appliances and they will not do a bait and switch over them. Besides, in a short sale, you are not in contract with the bank. Your contract is with the seller. If you want the seller to leave any appliances, list them in the contract. Maybe even go as far as attaching pictures of them with model numbers as well. 

There ARE mortgage loans that will require certain appliances under certain circumstances such as a dishwasher if there is a built-in hole for one. A fridge, washer, or dryer, usually aren't required but you should consult with your loan officer for an answer to that question. 

You'll also have to ask your loan officer if you're loan will allow you to ask for a credit and up to how much of one. Borrowers usually can't ask for more than their down payment. Again, it depends on your loan so, you should ask your loan officer that question as well. 

  • April 22 2013
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Profile picture for Rob Hale
Short sales can be a tricky situation, because you're dealing with a seller that is not getting any monetary benefit from the sale.  Therefore, there may be times the seller takes appliances that shouldn't be removed.  Your Realtor should be able to help you resolve this.  Hopefully your short sale has been approved by now...
  • August 15 2013
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You can ask for anything you want but in my experience, the bank will not buy you appliances or even give you a reduction in price. Also, asking for anything can delay the process and since you are racing foreclosure at the same time, if you are getting a good value, don't rock the boat or you might tip it over.
  • April 23 2013
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Review your contract if the contract had listed the appliances to be conveyed it does not matter if the property is a regular sale,  foreclosure or a short sale those items must be conveyed by the seller!!

In your case have your Realtor review the contract. If stated the seller should deliver the property as per the contract terms.

Yes their are lenders who require some basic appliances to be conveyed with the home. However with FHA & 203K we do have exceptions where you can purchase new appliances if they are missing.

Good Luck
  • April 23 2013
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First of all the bank cannot remove appliances they do not own the home. The appliances belong to the seller.  You will never get the seller to replace appliances that are already gone.

You should never expect that what is in the MLS is accurate.  View the home and see what is there, then document what is there and ask for it in the contract.

Ask your lender about appliances.  Some loan programs allow for homes without appliances. You could always do a 203K loan and buy new appliances.
  • April 22 2013
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You should speak with your Realtor about this.  They will be able to help you interpret this and will represent your best interest in the purchase.  
  • April 22 2013
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The bank won't remove the washer and dryer. They're interested in selling the property and moving on. It's possible to request a credit toward the missing appliances or request for a reduction in selling price equivalent to the missing appliances. Discuss these options with your Realtor. 
Best of Luck!
  • April 22 2013
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