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Monday, October 19, 2015

Considerations When Buying a Home For Sale By Owner

Are you considering purchasing a For Sale By Owner House?

When you are looking for a home to buy, you want to consider every option. While most homes that are for sale are listed with real estate agents and put the the MLS (Multiple Listing Service) occasionally a homeowners try to sell their house themselves. Many of these homes you find simply by driving past and some are online.

While there are some companies that sell "FSBO packages" that give homeowners a lot of supplies for selling their home and even a listing on the MLS, it usually doesn't include much guidance or professional advice about the process or completing forms.

Because real estate transactions are the largest purchase of most people's lives, they can have pretty complicated contracts and have a lot of steps in the process, it's best to call a REALTOR® before contacting the owner directly.

A real estate agent can walk you through the steps in the process from evaluating the price and filling out the contracts to managing the transaction through closing.

Read more home search tips and information on everything from buying a foreclosure to the risk of calling the listing agent directly right here on this blog!

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