Has anyone used my FSBO for home sale documents? We are not using a laywer or realestate agent to buy a house.
For your sake, I would STRONGLY recommend consulting an attorney, at the very least. Because you’re the buyer, you have a lot more at risk in a real estate transaction than the other party. In some states, any exchange of real estate REQUIRES the presence of an attorney at some point during the settlement.
You can’t require a seller to use a real estate agent, since the seller usually pays commission fees, but maybe the seller would agree to pay a discounted commission so that you can be represented by a real estate agent. If the seller isn’t willing to do this, I’m not sure I would proceed with the purchase. It may be that the seller just doesn’t want to spend the money–but, what if the seller is trying to rip you off? How would you know?
I would always urge a buyer to find a qualified professional to represent them in such significant financial commitments.
December 22nd, 2009 at 1:59 am
For your sake, I would STRONGLY recommend consulting an attorney, at the very least. Because you’re the buyer, you have a lot more at risk in a real estate transaction than the other party. In some states, any exchange of real estate REQUIRES the presence of an attorney at some point during the settlement.
You can’t require a seller to use a real estate agent, since the seller usually pays commission fees, but maybe the seller would agree to pay a discounted commission so that you can be represented by a real estate agent. If the seller isn’t willing to do this, I’m not sure I would proceed with the purchase. It may be that the seller just doesn’t want to spend the money–but, what if the seller is trying to rip you off? How would you know?
I would always urge a buyer to find a qualified professional to represent them in such significant financial commitments.
References :
December 22nd, 2009 at 2:14 am
Your crazy. why would you make such a huge purchase in your life without guidance?
At the very least hire a lawyer. being cheap in this situation will only cost you more in the long run. Trust me.
RE Agent,
Remax
References :
December 22nd, 2009 at 2:51 am
If you aren’t using a Buyer’s Agent’s Free services and you’re not consulting an attorney – prepared to be sued or worse! Why would you even consider not using the FREE services of a Buyer’s Agent? It’s like going to court over and representing yourself! Buyer’s agents are paid a commission by the seller. Many FSBO’s will offer 3% buyers commission,and if they aren’t, most agents will be willing to advise you anyway. Do yourself a favor – Hire a Buyer’s Agent. It’s FREE and it will ensure you’re legally protected and that your interests are protected.
References :
The JKL Realty Group, Inc.