For Sale By Owners: New home buyer beware... part 1!

Buying/Selling a home is a complicated transaction that includes many legal forms required to comply with the law.

Real Estate Professionals spend hours in class to keep up-to-date on the changes so they can provide the best service and protect their Buyers and Sellers.

Even with all the information on-line it is difficult for non-professionals to completely understand and comply with all the required documents for selling a home.

I have seen many Buyers disappointed when they purchased a home from a for-sale-by-owner.

I hope that this series will help you avoid many pitfalls and give you a quick reference to some of the required documents.

Disadvantages of Buying a home from a for-sale-by-owner:

Pricing: many times the home is over priced

Terms: Many times sellers are less willing to negotiate

Property Condition: many times it is unknown

Contract: many times is not complete and/or one sided in favor of the Seller

If you click on the highlighted area you will find a detailed report.

Good Luck with your new home purchase...

if you have any questions feel free to contact

Brenda Tressler

Click here for answers to your home buying/selling/financing questions.

Brenda Tressler

Loan Officer

Integrity Mortgage Services

(931) 206-1907 Cell

(931) 905-6900 Office

brenda@imsiloans.com

"Let me be your friend in Financing"