Mortgage rates and solicitations are offered by Altisource Fulfillment Operations, Inc or its dba Loans, a licensed mortgage broker, NMLS Unique Identifier #415033. A visit to the city’s real estate and housing office will also be helpful, as these agencies would be able to give you a better perspective on the number of homes sold by FSBO here, and you will also know how the prices vary, and what FSBO terms to look out for.
FSBO homes require the same documentation that homes listed with real estate agents do. An accurate sellers disclosure can be provided on the listing site, but you’ll need to verify that your buyer has actually received it when it comes time to close the deal.
Buyers and sellers of their homes have a significant emotional investment in the proposed transaction, and therefore they may not act rationally.” For example, a buyer may think he is requesting a modest concession following the inspection, but the seller is highly offended by the effort and the deal craters as a result.
Yes we are convenient, but if I were to send you a title commitment or a simple 1-4 Residential Resale contract with a seller’s temporary leaseback and the offer being contingent on the sale of another property which by the way has three siblings as heirs to the property, etc….
We’ve done a lot of market research and according to the data, on average you lose about $5,000 in the sale of a home when you use a dual agency.” Even though buyers are losing money, RedFin’s survey, which was conducted last year, found that one in 10 homes in the U.S. are sold by a dual real estate agency.