RunningBum
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 18, 2007
- Messages
- 13,236
I'm planning to sell my house this summer. I had planned to list it with a realtor starting this spring, but in the last two weeks I've heard of two people who are looking. One works with my SIL and is being transferred here, the other teaches at my daughter's school (and I know him pretty well from the extracurriculars he runs).
I wasn't planning on going the FSBO route but it would seem ideal to have a buyer fall into my lap without going through a lot of work, isn't it? Especially if I know the family, directly or indirectly? I could share the savings of not having to pay real estate commissions, and I'd love to not have to go through house showings, etc.
Any gotchas?
I can see the current listings in my neighborhood, is there a way I can get recent sales for comps to know a fair price? I have a good idea of what it's worth, within 10K I'd guess, but it'd probably be good all around to be able to put a fair value on the house.
I've bought a FSBO once without incident in NC. Title companies handle closings here in TX and I assume they can help me with some of the process, or is it worth it to have an attorney?
Fear 1 is you get a flaky buyer who backs out at the last minute. That's why I don't want to do a full FSBO try, but these two seem stable.
Fear 2 is I don't set the right price. I'm not looking to make a killing, but I don't want to short myself too much either.
Fear 3 is we mess up something in the process and can't close.
Any help or experience? Books or websites? Maybe I shouldn't have reported that fsbo advert thread that popped up overnight!
I wasn't planning on going the FSBO route but it would seem ideal to have a buyer fall into my lap without going through a lot of work, isn't it? Especially if I know the family, directly or indirectly? I could share the savings of not having to pay real estate commissions, and I'd love to not have to go through house showings, etc.
Any gotchas?
I can see the current listings in my neighborhood, is there a way I can get recent sales for comps to know a fair price? I have a good idea of what it's worth, within 10K I'd guess, but it'd probably be good all around to be able to put a fair value on the house.
I've bought a FSBO once without incident in NC. Title companies handle closings here in TX and I assume they can help me with some of the process, or is it worth it to have an attorney?
Fear 1 is you get a flaky buyer who backs out at the last minute. That's why I don't want to do a full FSBO try, but these two seem stable.
Fear 2 is I don't set the right price. I'm not looking to make a killing, but I don't want to short myself too much either.
Fear 3 is we mess up something in the process and can't close.
Any help or experience? Books or websites? Maybe I shouldn't have reported that fsbo advert thread that popped up overnight!