Categories: Uncategorized

Gently used or new appliances for a song on Craigslist

  | 
Team Clark is adamant that we will never write content influenced by or paid for by an advertiser. To support our work, we do make money from some links to companies and deals on our site. Learn more about our guarantee here.

Gently used or new appliances can be a real deal on Craigslist as executive producer Christa has found.

For those of you who don’t know, Christa has had to replace all the major appliances in her home because of flood damage.

By diligently searching online everyday, she has been able to find brand-new stainless steel double convection ovens that were never installed or used in a home. She bought them from a man who planned to use them in one of his high-end rental properties, but couldn’t install because the tenants wanted a different finish! So what retails for $2,850 cost Christa a mere $600.

In addition, she picked up a fancy six-burner gas range from an architect who bought it for a client who again opted for a different finish. It was never used and came in its box with warranty. Retail price: $3,200. Christa’s price: around $600!

She also snatched up a Thermador hood that retails for $3,150 for just $500!

The hazard here is that people selling appliances on Craigslist could be doing so out of their foreclosed homes. Or worse yet, they may be selling stolen goods. (Editor’s note: After meeting with the sellers, Christa is certain that she has not bought stolen appliances.)

Legally speaking, it’s very murky on the question of whether or not you have the right to buy built-in appliances out of a foreclosed home. Fridges and washers/dryers, however, are considered to be the owner’s property and can legally be sold even when the owner is in foreclosure.

This post was last modified on March 22, 2017 2:09 pm

Recent Posts

Chase Increases Sign-up Bonus for Popular Credit Cards for Limited Time

If you've been considering signing up for one of the Chase Sapphire credit cards, now…

2 days ago

6 Home Expenses You Have To Budget For (Beyond Your Mortgage)

The costs associated with owning a home go way beyond the amount on the mortgage. …

2 days ago

Should I Pay Off My Mortgage Before Retirement or Invest?

Inflation hits people on a fixed income the hardest. Say you're retired. You're living off…

2 days ago

Should I Fire My 1% Financial Advisor To Save on Fees?

Deciding to save and invest are great habits. But once you check that box, your…

3 days ago

Fubo Drops Popular Channels Amid Dispute with Warner Bros. Discovery

If you're considering subscribing to Fubo, you need to be comfortable missing out on some…

4 days ago

5 Things To Know About the Wells Fargo Signify Business Cash Card

Are you looking for a way to earn 2% back on every purchase you make…

4 days ago