Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
That is why the documents that you will sign at the Title Company are 2" thick!
Enlist a Realtor and have them approach the Seller and ask if they would accept an Offer through him.
It may be that they will accept the situation with a reduced commission for handling both sides.
Who knows; but it is the bast first-step.
Good luck and may God bless
So the real question is: Are you a gambler? Why are you wanting to take a chance that nothing could go wrong with your real estate transaction that you know nothing about? And is the Seller going to look out for YOUR best interests?? No, Mam. You need to consult with an experienced Realtor! Most will talk to you for free. I am available and I have 31 years experience selling homes in Tarrant County. I will answer all your questions for free. Then if you wish to engage my services, we will see if the seller will take your offer and pay my commission. If they really want to sell their house, they will! It may turn out that you will find something wrong with the house and you will want to buy another one. Then I can show you ALL the houses that are on the market in your price range, and in the location that you specify. You will pay nothing for this service, as the seller has already agreed to pay a Buyer's Agent's commission when they list their house for sale. Why not take advantage of this opportunity?
If you go it on your own, be prepared to take a loss when you try to sell the property. You may not even know how you got screwed when you bought a house without professional representation, but later you will discover the awful mistake that you made, and it will surely cost you money. I pray that doesn't happen to you!
Please call me for a free consultation. 817-300-6121 I will be honest with you, and if I can't help you save some money, I will tell you how to do it on your own.
---The Michael Group
Lots of steps.....where to start?
Why don't you pay a realtor to walk you through it?
Just way way too much money involved for some inexperienced to "learn" to do it.
Why do you want to buy a FSBO? Normally I find they are overpriced,
Is it the only house you found that you liked?
Why not ask an agent to help you with your part of the transaction? I have worked with FSBO before (as the Buyer's Agent) and in different transactions have been compensated by the buyers & sellers. I usually dont charge as much (or get paid as much), but the knowledge a Realtor can bring to the table between a FSBO and a buyer is well worth any cost.
REALTORÂ® | Mortgage Broker
Keller Williams Realty | 360 Lending Group
If they refuse to pay the commission, you may be able to find an agent that will represent you for a flat fee that you would pay them. It will be worth it to you.
Make sure to get a thorough home inspection, because the seller may not be disclosing some issues with the house.
Systematic Home Inspections
If you have any further questions, I am happy to help you.
I would never advise a friend to buy a FSBO without having a competent and experienced professional protecting their interests because the seller will certainly not look out for your interests and given that the seller is not experienced in the legal requirements in selling a house, they could either unintentionally or perhaps even intentionally do something wrong that benefits them and hurts you and you might not find out until after your money is gone.
Most FSBO's will happily deal with a realtor who brings them a buyer. In most of these cases, you will pay nothing for the realtors help and expertise.
If you don't want to, or can't go that route, then absolutely hire a real estate attorney to read and interpret every document and monitor the transaction to protect your rights. It is a lot cheaper to pay a lawyer before the deal closes, than to pay one afterward when you both are headed to court. Think of it like insurance.
Hope everything goes well.
You do not need a realtor and may not want one. By the time they take their commission you can kiss a lot of money goodbye. If you do want to use a realtor pay them a flat fee just to handle the paperwork.
There is no reason you canâ€™t be represented by an agent when a home is a For Sale By Owner (FSBO). If the owner wonâ€™t work with a buyerâ€™s agent I wouldnâ€™t do business with them. There are a lot of details that go into the purchase of a home. How do you know what they are asking is a fair price, who will you use for a home inspection, what title company will use, etc.
I highly suggest that you find an agent to work with. 99% of the time it wonâ€™t cost you anything to be represented. If you have any questions I would be happy to discuss them with you.
Keller Williams Realty
Good luck and call if you need some assistance!
Mindy Lowry, Realtor RE/MAX
Century 21 Judge Fite Company
Cell: 817-614-6390 (call/text)