Guide to Sell a Home by Owner, Home Guides, SF Gate

Guide to Sell a Home by Owner

Selling your home yourself involves more than putting out a sign.

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For Sale By Owner (FSBO) is the term used for a home listed for sale by its owner, without the assistance of a broker. Most owners who choose this route do it to avoid broker fees. While it's certainly possible to save money, a single mistake can offset any savings, so it's important to do your homework before putting out that "for sale" sign.

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Preparing Your Home for Sale

Take a careful look around your home and yard to identify anything that needs sprucing up or repair. Do the work before listing the house for sale, as properties that are clean, uncluttered and well maintained sell faster and for higher prices. The work you do should be in keeping with the value of your home. The new granite counter-top that's a must-have in a $500,000 home, for example, is overkill in a $150,000 home.

Money Matters: List Price and Commission

Market value is the price a reasonably informed consumer will pay for a home that's been on the market for a reasonable period of time. While only an appraisal can give an opinion of value, a real estate agent bases her price recommendation on a similar tool called a comparative market analysis (CMA). This analysis uses the sales prices of local closed sales to determine the optimum price of the similar home she is about to list for sale. The recommendation may be influenced by the list prices of expired listings (which presumably did not sell because they were priced too high) and active listings (the competition). There are tools that allow savvy sellers to approximate CMAs. Closed sales can be searched on two popular consumer real estate websites (see Resources). Although the information isn't always up-to-date, and it's less complete than the information multiple listing services (MLS) real estate agents use, it can serve as guide. It may be worth investing in an appraisal to help you determine a fair sale price, especially if your market is declining or is otherwise unstable. Your potential buyers almost certainly will be represented by buyers agents, many of whom are leery about working with unrepresented sellers with no professional experience in managing real estate transactions. Consider investing some of the money you're saving by not hiring a listing broker in the buyers agent commission to encourage agents to show your property.

Market Your Property

Real estate agents' primary marketing tool is the MLS. MLS is a cooperative system that allows brokers to share their listings so that other brokers can sell them. The consumer equivalent is the myriad of FSBO sites that help sellers market their own properties, both to potential buyers and to real estate agents (buyers agents often check FSBO sites when MLS listings don't meet their buyers' needs). Some of these companies are brokers that can, for a flat fee, list your home on your local MLS. There are free sites to list your ad (see Resources), although you'll have to repost your ad frequently so it doesn't get lost in the deluge of new ads that appear daily. Other ideas are to hold open houses, post fliers around your town, and mail or hand deliver announcement cards to your neighbors to let them know your house is going up for sale. If your community allows it, a "for sale" sign with your phone number is a must.

Showing Your Home

Showing requests often come with very little notice. The easier your home is to show, the easier it'll be to sell. If you can't be home to accommodate showings, keep a spare key in a lockbox so that buyers agents can show your home at their buyers' convenience.

Know What Forms You Need and Know How to Use Them

Consult an attorney or a do-it-yourself legal site like Nolo.com to obtain the forms you'll need to manage and close your sale. Make sure the forms are specific to your state and that you understand them, as a mistake on a legal document can expose you to serious liability. When in doubt, always ask an attorney.

Evaluating Offers

Offers aren't just about price. You'll also need to consider contingencies (conditions that must be met in order for the sale to close), down payment amount, the buyer's ability to obtain financing or pay cash, and the closing date and other deadlines.

Negotiations

There are two points at which negotiations are likely: during the offer/counter-offer process, and when the buyer makes repair requests based on the inspection reports. These also are the points at which sales often fall apart. Increase your chances of negotiating successfully by building off the things both sides agree on, and by asking for what you need rather than what you want. Resist the urge to consider your buyer an adversary. He isn't. You're partners working together toward a common goal: a successful closing that leaves both of you satisfied that you were treated fairly.

References (1)

Resources (4)

About the Author

Daria Kelly Uhlig began writing professionally for websites in 2008. She is a licensed real-estate agent who specializes in resort real estate rentals in Ocean City, Md. Her real estate, business and finance articles have appeared on a number of sites, including Motley Fool, The Nest and more. Uhlig holds an associate degree in communications from Centenary College.

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Foxtons Real Estate Agent Salaries

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The typical Foxtons Real Estate Agent salary is £18,788. Real Estate Agent salaries at Foxtons can range from £10,000-£30,000. This estimate is based upon 4 Foxtons Real Estate Agent salary report(s) provided by employees or estimated based upon statistical methods. See all Real Estate Agent salaries to learn how this stacks up in the market.

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Selling a House Without an Agent, Real Estate, US News

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Selling a House Without an Agent

Homeowners can save big bucks by flying solo—and it's not as hard as you might think.

By Luke Mullins, Staff Writer | May 22, 2008, at 12:31 p.m.

Although most homeowners continue to sell property the same way their parents did—by listing it with a real estate agent—a sizable chunk of Americans are choosing instead to go it alone. The appeal is obvious: By cutting out the middleman, home sellers can save thousands of dollars that would otherwise end up as commission in an agent's pocket.

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But can an inexperienced home seller really engineer a transaction in today's turbulent real estate market without the guidance of a professional? Yes indeed, says Greg Healy, vice president of operations at ForSaleByOwner.com, a Web-based company that markets homes for independent sellers. In an interview with U.S. News, Healy underscored the benefits of solo home selling and insisted that it's not as difficult as you might think. Excerpts:

How much money can a homeowner save by not using an agent?

If you cut out all agents—meaning post your own online ad, put out a yard sign, and sold your home on your own—you would essentially cut out on average about 6 percent of commission. On a $300,000 home, that's about $18,000 of savings. There are some markets—and I believe Maine is one of them—where commissions run even higher, I believe 7.5 to 8 percent. Why wouldn't a home seller need to use an agent?

The No. 1 reason that you don't need an agent to sell your house is the rise of the Internet. The Internet has essentially changed the face of real estate. It's essentially leveled the playing field across the market. The Internet allows sellers to easily market their homes to millions of people within minutes. Pricing information—recently sold homes, the competitive landscape of the homes that are being sold—is accessible within seconds on a search engine. Ten years ago, agents controlled all the information, and that's why you had to go to them. Today, it's a completely different ballgame. What about someone who has never sold a home before?

Again, with the Internet allowing access to information, companies like ours provide information and show sellers step-by-step instructions on how to sell your home. That information is easily readable. We provide it—and other services provide it—to bring that confidence to that person who has not done it. But what about pricing a home? Wouldn't a homeowner need a professional to help with that?

Yes and no. First, again, the accessibility of information of automated valuation tools, which we provide free of charge to our customers, provides a pricing estimate. So, independent home sellers can compile all the data that an agent would see, if not more. Other services, like Zillow.com, that do online pricing as well are always a great place to start. Second, an agent is going to give you their perspective based on what they are seeing. They have no true professional training in that aspect. So we recommend to anybody, if you need confidence in the price of your home, get an appraiser to come in for $200 to $300 to provide that professional insight. Again, the agent is not involved in that. Even if you used an agent, you would still bring in an appraiser. How about the legal aspects? Is an average homeowner qualified to take care of that?

We recommend that in every transaction a real estate attorney or a title company—depending on where you are located—represent you and sign off on the final paperwork. There is a myth out there that the agent helps you with this paperwork. They may offer direction, but they are not legally capable to provide that expertise. A lawyer or a professional from a title company—depending on where you are—is a must in any transaction. They are the ones that really help get any seller through the process. What about marketing? Clearly, an agent would help bring more exposure to a home.

Again, that comes back to the two points that we have raised already. The Internet allows you to get in front of people without an agent. Our site has nearly 2 million visitors on a monthly basis looking for homes, so that makes it easy to bypass an agent. In 1997, just 2 percent of buyers used the Internet to search for a home. Right now, it's more than 84 percent. Secondly, when it comes to marketing, agents have fliers. We offer fliers. Consumers can make their own fliers. Signs? We offer signs, or someone can buy one in the store. Agents leverage the multiple listing service (MLS) as their primary "marketing tool," and anybody can access that if they want to pay for it.

It sounds to me that you're saying a real estate agent's job is not all that difficult.

That's true, and remember that a real estate agent license takes under two weeks to get. So after those two weeks, that person can be in charge of the selling or buying of a person's home, which is one of the largest financial assets in a person's life. Are there times when the interests of the agent and the seller are skewed?

Agents are willing to drop the price of the seller's home more and faster than perhaps a seller may want. That's where representing their interests may break apart. And second, they don't want to wait. They want to get the commission. Timing and interest: That's where you might have conflicts. The only other point I would put out there is that the person who owns the home is going to know the home the best. We hear it from customers all the time, "I stopped using an agent because they called me 30 times to ask me questions about my house." You know, "When was the last time you cut the grass?" The sellers are obviously going to be able to answer those questions and save time and hopefully sell your home quicker. So what value do real estate agents bring to this process?

There was an independent study done last summer by two professors from Northwestern University. They compared the prices of homes sold "for sale by owner" versus homes sold by agents. And their two conclusions were, one, FSBO sellers can get the same price, if not slightly more, when they sell their homes. Their second conclusion is that you are essentially paying these agents for the convenience of having someone do the work for you. So for that 6 percent commission, they'll do the work—bring the real estate attorney, do the showings, field calls for you, be at your house if someone wants to see it. But these are all services that homeowners could do for themselves?

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How Do I Sell Real Estate During Probate, Home Guides, SF Gate

How Do I Sell Real Estate During Probate?

Selling a home during probate requires careful adherence to estate laws.

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Probate is the legal process that involves the transfer of property from an estate to the property holder’s beneficiaries. As an executor of an estate you may have to sell off real estate held by the estate not directly willed to a specific beneficiary. The probate court handling the estate will then split the proceeds from the sale among the beneficiaries. Making a valid sale of the property requires that you follow strict sales procedures laid out in the real estate law covering your location. While these particular procedures are for California probate sales, the general process of selling real estate during probate is a consistent one across jurisdictions.

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Appraise the property that you wish to sell during probate using an independent certified appraiser. You can find an appraiser in the local phone book or by asking an area real estate agent or real estate attorney for a recommendation.

Obtain a petition to sell real estate from the court. Fill out the petition, making sure to include all information pertaining to the property sale, including sale methods whether by auction or by an open market sale. File the petition along with the independent appraisal with the court and await approval from the probate court allowing the sale.

Place the property up for sale and accept an offer from a buyer. Make sure you inform the buyer that the acceptance is conditional on court confirmation.

Petition the court for a hearing confirming the sale. The wait before a hearing varies according to the current load on the court calendar. Most hearings take place within 20 to 40 days.

Arrange for a 10 percent deposit on the purchase price from the buyer before the scheduled date of the court hearing.

Advertise the sale along with the offered price from the buyer with a local newspaper. The advertisement informs the public of the sale in order to allow for open bidding at the court hearing among other interested parties. The purpose of the sale is to gain the best price for the estate, and the open bidding process aids toward this end.

Attend the court hearing. Wait for the bidding process to proceed. Bids proceed in $500 increments above the intended original buyer’s offer, with the buyer allowed to bid as well. All bids are unconditional, and the winner must present a cashier’s check to the court for a deposit after confirming the bid.

Refund the deposit to the original buyer if there is a confirmation of a new buyer’s overbid. Apply the deposit to the purchase price of the property if there is no overbidding and if the court confirms the original buyer’s price.

Complete the sale by closing the contract. Make sure the financing is sufficient to cover the cost of the property and the full amount goes into the estate fund.

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Former Yankee Jose Contreras Pitches His Fabulous $2M Florida Home - New Canaan News

Former Yankee Jose Contreras Pitches His Fabulous $2M Florida Home

Former MLB and Cuban star Jose Contreras is walking away from his gorgeous waterfront home in Alva, FL. It's on the market for $2 million.

Claudine Zap, provided by

Published 4:00 pm, Tuesday, January 9, 2018

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Former MLB star Jose Contreras is walking away from his Alva, FL, home, which is on the market for $2 million. The pitcher bought the 3-acre parcel with a 6,500-square-foot home in 2008 for $1.8 million, according to property records.

The 46-year-old had his start playing with the Cuban national team and in the Cuban National Series, before defecting to the United States in 2002 and signing with the New York Yankees. In 2004 he was traded to the Chicago White Sox (with whom he won the World Series in 2005), and it was during his time with the Sox that he purchased this off-season vacation home.

The hurler’s retreat is a real catch. Built in 1999, the “charming estate” is located along the banks of the Caloosahatchee River. The property comes with a private dock with boatlift, 200 feet of river frontage, and access to the Gulf of Mexico.

Eat-in kitchen

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Private dock

Game room with memorabilia

Outdoor kitchen and fireplace

Even if you don’t want to get wet, there are plenty of ways to relax. The home has a master suite, four guest suites, and in-law quarters with separate entrance. In addition, there's a great room, eat-in kitchen with two refrigerators, formal dining room, office, theater, game room (currently decorated with sports memorabilia), and gym.

The living room opens to a lanai and pool, plus an outdoor kitchen, fireplace, and gazebo. The landscaped grounds are surrounded by large oaks, Spanish moss, fruit trees, and a decorative pond.

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Houses on sale in Italy at 1 euro, Italy

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Houses on sale, ma renovation is needed and mandatory

Would you be happy to pay 1 euro for a house in Italy? It’s a dream for many, mostly the youngster who find it difficult to buy a house. It’s a dream that can come true thanx to the initiative of some Italian “comuni”, municipalities, that want to combat the desertion of some towns and revive abandoned areas. The houses are property of people that want to get rid of them and they ask the “comune” to help them find a buyer: the building costs only 1 euro, but you have to pay for its renovation.

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The costs for the renovation can be reduced due to government and European subsidies, especially if you are a young couple. If you are really interested, you should also consider that normally there's a time limit for renovations, that goes from 6 months to a couple of years.

Salemi, a town in Sicily that first had this idea with its mayor Vittorio Sgarbi, has failed in carrying out the project for various reasons. Also Carrega Ligure (in Piedmont) and Lecce dei Marsi, despite the initial enthusiasm, had to give up the project due to the Italian bureaucracy.

Other towns succeeded.

In Maremma a Montieri, Grosseto, 2 of the 10 available houses were sold. Truth is, they didn't cost 1 euro, but 12,000. Nevertheless, including the renovation the new houses cost about 50,000 euro, which is still a deal, considering today's real estate market.

The most successful projects seem to be those on the islands.

In Gangi, Palermo, the municipality received about 1,000 requests, and 100 old houses were sold. Officials are sure this will bring back to life this old town.

Regalbuto, at the foot of Mount Etna, has already received many offers before the official announcement was made.

In Sardinia, Ollolai with its 2,000 inhabitants has already sold the first house at one euro, and is expecting to sell two more. The municipality of Nulvi, at just 15 minutes from the beach, has 6 available houses. Here you are also asked to use local people to renew the house, but with 20,000 euro you could have the house of your dreams at only 500 meters from the sea.

This might sound impossible, but instead of letting the buildings fall down and the towns disappear, municipalities in Italy are ready to sell the houses at really low prices.

With a little investement and a bit of luck, you could become the owner of a newly refurbished house in your dreamland.

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We Buy Houses in Georgia, Cash Home Buyers, Sell Your House Fast in Georgia

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Our real estate investors are experts in dealing with problem situations. They have years of experience with repairs, title issues, inheritence problems, probate, foreclosures, and other legal issues related to property. Whether you have a house in Atlanta, Macon, Savannah or anywhere else in Georgia we will be happy to buy your house quickly and without hassle.

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Homes for sale for a euro in ancient Sicily village - The Local

Homes for sale for a euro in ancient Sicily village

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There are 20 properties carrying the €1 price tag in Gangi, a 12th-century village in Palermo province. As the years have passed the number of villagers has fallen to around 7,000, as Italians move away in search of work.

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Now local authorities are trying to revitalize the village, by drawing foreigners in to take over the abandoned homes. But for Marie Wester, the Sicilian Houses broker selling the properties abroad, Gangi remains “a local secret”.

“Municipalities often don’t have the skills to market properties abroad, but they want some life there,” she told The Local.

Wester described the one-bedroom properties as being in “bad condition”, because they have either been abandoned by emigres or donated to the municipality by locals who can no longer afford the upkeep.

“They want foreigners to come in and take over the properties, because there isn’t much work around here so people are moving away. It’s a beautiful project,” she said.

In addition to the €1 price, Wester was clear that there are other costs involved. Purchasing costs amount to around €6,000, which she said was the norm for buying any property in Sicily.

Buyers also have to agree to renovating the property within five years, with the higher costs coming with structural work.

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“You need to have someone to fix the roof, the floors, the sewage and water. These more difficult things would cost around €35,000, then the rest you can do yourself and have a house that’s completely like new!” Wester said.

Aside from having a bargain property, she said picking up a €1 townhouse also brings people to the “authentic Sicily”.

“It’s fabulous. You have the old-fashioned way of life; people are friendlier and the food is excellent!

“If you go to a place like Gangi, you have friends immediately and become the centre of attention. People come to help. You will be part of the community, not a stranger,” Wester said.

For more information about the Gangi properties, please contact Sicilian Houses directly.

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Georgia, Need To Sell A House Fast? We Buy Houses GA - Get Offer

Do You Need To Sell Your House Fast In Georgia?

Whether you are behind on your mortgage, in arrears on your taxes or struggling to make the minimum payments on your credit cards, you know the feeling of dread that comes with every phone call. Maybe it’s the bank, a collection agency or some other relentless creditor – no matter who it is, when you owe money, your life is on hold. One of the best ways to relieve the ongoing stress of strained finances is to sell your home quickly, for a fair cash price.

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Foreclosed Homes for Sale - REO and Bank Owned Homes, Real Estate Center

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Commitment to Quality Statement

Conventional movers:

• Each mover must possess the proper operating authority needed to operate as a household goods carrier. The company's operating authority is verified using the Federal Motor Carrier Safety Administration's (FMCSA) SAFER database.


• Each mover must possess the appropriate amount of insurance coverage needed to transport household goods. The company's insurance coverage is verified using the Federal Motor Carrier Safety Administration's (FMCSA) SAFER database.


• Interstate movers (i.e. state-to-state) must provide valid USDOT and/or MC license numbers. The company's license information is verified using the Federal Motor Carrier Safety Administration's (FMCSA) SAFER database.


• Intrastate movers (i.e. within state lines) must provide valid license numbers based on imposed state or federal requirements. The company's intrastate license information is verified using information provided by state and local agencies.


• Each mover may use only their Legal or DBA (doing-business-as) Name in their interactive advertising campaign. The company's Legal or DBA names are verified using the Federal Motor Carrier Safety Administration's (FMCSA) SAFER database.


• Each mover has acknowledged and agreed to that the resale and/or redistribution of leads is strictly prohibited.


• Each interstate mover has acknowledged and agreed to abide by the 110% rule for collecting charges on non-binding estimates.

Containerized Movers:

• Each mover must work with a transporter who meets each of the Conventional mover qualifications listed above.


• Each mover may use only their Legal or DBA (doing-business-as) Name in their interactive advertising campaign.


• Each mover has acknowledged and agreed to that the resale and/or redistribution of leads is strictly prohibited.

Household Brokers:

• Each mover must possess the proper operating authority needed to operate as a household broker. The company's operating authority is verified using the Federal Motor Carrier Safety Administration's (FMCSA) SAFER database.


• Each mover must possess the appropriate amount of insurance coverage needed to operate as a household broker. The company's insurance coverage is verified using the Federal Motor Carrier Safety Administration's (FMCSA) SAFER database.


• Each mover must provide valid MC license numbers. The company's license information is verified using the Federal Motor Carrier Safety Administration's (FMCSA) SAFER database.


• Each mover must work only with companies who meet each of the Conventional mover qualifications listed above.


• Each mover may use only their Legal or DBA (doing-business-as) Name in their interactive advertising campaign.


• Each mover has acknowledged and agreed to that the resale and/or redistribution of leads is strictly prohibited.

Should you have an unsatisfactory moving experience with a mover found through this website?

While a trouble-free moving experience cannot be guaranteed, all listed movers have agreed to promptly respond to complaints concerning their business practices. Should you have an unsatisfactory moving experience with a mover found through this website, the following process has been established to assist in resolving the matter:

• Contact the moving company first. The most direct and easiest route to resolving a claim is to discuss your concerns with the moving company. When you submit a quote request form, we automatically send you a confirmation email containing the phone number for each moving company your request was sent to.


• Tell us about it. Should you have an issue that isn't being handled to your satisfaction, please click here to send us a detailed account of your moving experience. Be sure to include the mover's full name, date of your move and the state you moved from.

Your Rights and Responsibilities When You Move

If you're considering, or are actively involved in a move, be sure to print and read a copy of the "Your Rights and Responsibilities When You Move" booklet. It contains important details about mover estimates, the bill of lading and claim procedures.

Disclaimer: Moving.com assumes all mover information provided by the FMCSA Safety and Fitness Electronic Records System(SAFER)is accurate and up-to-date at time of license, operating authority and insurance coverage verification.

Fraud Alert

Although many of our customers appreciate the convenience offered by Moving.com, we sometimes hear about suspicious or abusive practices by those seeking to take advantage of our good name. These types of suspicious activities often center on property rental scams or property purchase scams, though they may also involve moving scams. Please read this Alert and use caution if you encounter anything that seems too good to be true or otherwise unusual or suspicious.

NOTE: Move, the parent company of Moving.com, does not participate in specific housing transactions. If someone has told you otherwise, please use caution since this might well be a sign of a scam. For example, Move does not hold or deliver keys to apartments or homes, does not offer payment protection, does not certify apartments, complexes or homes, does not verify or certify that persons you are dealing with are legitimate, does not offer to hold deposits, earnest money, down-payments or other funds, does not offer escrow services and does not offer assurances or other guarantees regarding particular apartments, homes or related transactions. If you are dealing with someone in another country or city, or looking to buy or rent an apartment, condo or house in another country or city, be particularly aware of concerns like those referred to above (and in this Alert) since the other person might be trying to take advantage of you by exploiting the practical problems and inconveniences of geographic distance.

Transaction Safety Guidance

If something sounds suspicious, out of the ordinary, too easy or too good to be true, use caution because it might be a potential problem looking for a victim.

Does the rent seem surprisingly low? A check on similar housing or apartments in the same complex or neighborhood should help you determine what amount of rent is usual or to be expected. If the rent you are quoted is significantly less, you should use caution. It is possible there is a legitimate explanation, but surprisingly low rent can be a red flag for potential trouble – be prepared to just say no to suspicious circumstances.

Know who you're dealing with online, including by email and websites.

It can be helpful, and serve to un-earth potential problems, to meet your prospective landlord, property manager or other transaction participant in person before renting or purchasing an apartment or home and before sending money or agreeing to send money. Dealing locally and in person with the other party to a transaction can help avoid many scams. For personal safety and other reasons, consider having one or more friends or companions accompany you, and be sure the meeting location is safe.

Beware of Geographic Distance.

If you are dealing with someone in another country or city, or looking to rent or buy in another country or city, be particularly aware of concerns like those referred to in this Alert since the other person might be trying to take advantage of you by exploiting the practical problems and inconveniences of geographic distance.

Avoid unusual forms of payment, or being rushed.

It can be risky to use a wire transfer service (such as Western Union or MoneyGram) or online escrow service to send a deposit, earnest money, down-payment, rent or other money relating to a rental or housing transaction. Use great caution if someone suggests you should send money in this way. Also be wary of being rushed into a decision to rent or buy an apartment or other housing, or to send a deposit, earnest money, down-payment, rent or other money. These are significant decisions, transactions and payments; if someone is rushing you, that could be a signal of a potential fraud or a scam.

Avoid renting or buying an apartment or other housing without actually seeing it first.

Before sending a deposit, earnest money, down-payment, rent or other money, you probably should visit and see the property first and confirm that everything about the property matches what was advertised, described or represented to you. For personal safety and other reasons, consider having one or more friends or companions accompany you on your visit(s) and inspection(s). Also, be sure that the person offering to rent or sell apartments or other housing to you actually does own that property or otherwise has the right to rent or sell it to you.

Move does not participate in specific rental or housing transactions.

For example, if someone says they will leave the keys to an apartment or home with Move or another company for you to pick up or retrieve, be very wary. Get a specific name and contact information. Then contact the company through another, commonly available contact point (such as the company’s reception, switchboard or Customer Care function) and seek to verify whether that person really is an employee of the company and whether the proposed transaction really is in accordance with the company’s normal business practices.

Particular SCAM Alert!

Sometimes the good name realtor.com,® Move or other reputable websites or companies could be used as part of a property rental or purchase scam. For example, a scammer (using Craigslist.com for example or another similar site) may offer to sell a home or rent an apartment to a consumer. The scammer leads the consumer to believe that realtor.com,® Move, Move.com or Moving.com, or an affiliate or business partner of one of them is functioning as an intermediary – perhaps to receive or hold deposits, down-payments, rent or other money from the consumer. The scammer might also tell the consumer that he or she will be able to receive delivery of the keys to an apartment or property from realtor.com,® Move or others. The scammer might also instruct the consumer to send money by way of a wire transfer service (such as Western Union or MoneyGram), an online escrow service or some other purported agent of the scammer or of realtor.com,® Move or others. None of this involving realtor.com® or Move is true. Beware of any transaction or circumstance that sounds anything like this or involves any features like this.

Another type of scam can involve a potential tenant or home-buyer who finds a home or rental listing on websites such as Craigslist or other classified ad websites, but the listing is not legitimate. The scam listing might display the real address of a house or apartment that recently was up for sale or rent, and may even display actual photos for that property from when it was on the market. The bogus listing might also include the name of a practicing REALTOR® in the area. But the phone number or email address included in the bogus listing is set up to lead to the scammer, not to the actual owner of the property nor to the actual REALTOR® displayed in the listing. When the consumer responds to the email address shown in the listing, they might receive a reply stating that the owner or property manager is out of the country right now, but realtor.com® or Move (or another reputable company) will be handling or helping with the remittance, collection or holding of funds. The reply might also state that such company will be sending out keys to the property to the renter or buyer. Again, none of this involving realtor.com® or Move is true. The reply might also request a wire transfer funds through a fund exchange company (such as Western Union or MoneyGram). To try to make the consumer believe the transaction is legitimate, the scammer might also use ‘doctored’ email addresses or domain names that in part appropriate name or brand of a reputable company (for example, something like “realtor.com-customer-care@gmail.com” - which is NOT a legitimate realtor.com® email address), and might also use such companies’ logos and trademarks in emails that they send to the consumer. Be on guard against listings, transactions or circumstance like this.

You can report any such circumstance to the authorities by using one of the suggestions below.

To Report Actual or Suspected Fraud or a Scam

If you wish to report actual or suspected fraud, abuse or scams to the authorities, here are some suggestions for you to consider:

Report the incident to the local law enforcement authorities – either where you are located, where the person you are dealing with is located or where the property in question is located. Or you can report the matter to local law enforcement in all three places if you are unsure which is most appropriate.

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How to Sell Your House by Owner

Home sellers may decide to go it alone and save money by eliminating the real estate agent's commission. To do so, a For Sale by Owner -- FSBO or "fizzbo" -- seller must learn the rules and regulations in his state and must become knowledgeable about marketing and negotiation skills. The seller should also consider hiring an agent for specific tasks, such as advertising the house, and employing a lawyer to review contracts and handle the closing. While real estate professionals are experienced experts, FSBO sellers can keep control over all aspects of the process and deal directly with the buyer.

Learn the Rules

It's essential to investigate the legalities of real estate transfers in your state. Failing to disclose problems such a flooding basement could bring the sale to a standstill. In general, disclosure only requires pointing out information that you actually know about, but some states require owners to search for defects. Check with the agency governing real estate transactions in your state to learn about disclosure rules and any forms required.

Price It Right

Among the important functions performed by real estate professionals is pricing a house to sell in the current market. For sell-it-yourselfers, online tools like Pricing Scout quickly provide the estimated market value of your home as well as nearby comparable home sale prices. Selling a FSBO could allow you to reduce the asking price by the amount you will save on an agent's fee, thus improving its chances in a competitive market. Even if you don't feel you need the full services of a real estate professional, you might hire one for limited tasks like helping you arrive at an asking price and assisting with paperwork.

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List Your Home

An essential tool real estate agents use to publicize houses for sale is the Multiple Listing Service, or MLS -- a service that lists houses for sale throughout the nation. Even FSBO sellers can use the MLS to show off their houses by signing up for a service and paying a monthly fee, paying a real estate agent to perform this specific function, or signing up on available FSBO sites and paying a small fee for a MLS listing. A FSBO seller can also write an ad for publication in local newspapers and on web sites; follow the style of ads for similar houses. Various online sites offer packages including yard signs, flyers and listings on the MLS and elsewhere.

Prep the House

Real estate professionals offer advice on staging a home for the most buyer appeal, but a FSBO seller can pick up hints from a variety of websites. Essentially, the house must be clean with personal items stored away so that prospective buyers can visualize their own belongings in place. The seller should be prepared to advertise and host an open house.

Keep it Legal

Once you have received a written offer from a potential buyer, insist that the buyer provide you with a pre-approved mortgage letter. Your state may require that you have a real estate agent and a lawyer at the closing of your sale. Even if it is not required, hiring a real estate professional as well as a lawyer is a good idea, considering the legal complexities involved. Real estate lawyers prepare contracts -- ensuring that they protect you -- as well as perform title searches and conduct the closing. State-specific contracts and disclosure forms are available online and can be downloaded. The seller and his lawyer must review the contract to be sure it meets all stipulations that protect the seller. Since saving money is the goal of a FSBO, you can hire a real estate agent and a lawyer for just these specific tasks or for a limited number of hours.

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Michigan, MI Sell House By Owner

How to sell a house by owner in michigan

Michigan, MI Sell House By Owner

Selling your house in the Michigan area can go much faster once you learn where to look and what to do. You do not need to wait a long time for the closing of your sale because we will purchase your house immediately. We are the home buyers you can rely on that will purchase your house in or near Michigan right away: Let us pay cash for virtually every sort of home.

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For Sale By Owner Sell Inherited Property

Selling your house in desperate situations when you need money means you simply can't afford to hold out for several months. Usually it takes a very long time, very often many months until a home in Michigan is sold. We are Michigan's best home buyers that will buy your home by owner right away so you will have the cash you urgently require.

Frequently, homeowners don't have the time to wait around if they need to sell their home as soon as possible. What if you need to move to another city due to your work? Unlike other real estate agents and property companies we are going to buy any kind of home in the Michigan area so that you don't have to wait long!

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Putting your home up for sale by owner in Michigan without stress.

Selling a home by owner in Michigan can frequently lead to considerable challenges. For once, you will never know whether your buyer can have the loan he requires and the other issue is if you need to repair the home prior to selling. Let us buy your home in or around Michigan today and you can stop worrying about all of those issues.

Tips on selling your home in the Michigan area fast when you need cash.

Are you experiencing challenges selling your home by owner in Michigan or are you terrified of expensive fixes so to be able to sell your home in Michigan? You don't need to concern yourself with the condition of the home because we will purchase virtually any kind of house for cash: No need for repairs or fixes, get money right now.

Selling your house by owner in Michigan will not just take a long time, it could also be very expensive. In most cases, a home for sale by owner will have to be in top shape prior to it being sold - the repair costs can be huge. We are going to buy your home straight away and you do not need to invest a penny on fixes and repair costs.

Selling your home in or near Michigan will go a lot faster and easier than you would imagine. Today, you are able to sell homes by owner in Michigan very quick once you know where you should look and what to do. All you need to do will be to submit the form on our web page in order to sell your house in the best way possible without the headaches.

If you need to sell your home by owner in the Michigan area fast you should contact us today. We buy virtually any home in the Michigan area, no matter how old your home is and regardless of its condition. Simply call us today and we'll buy your Michigan home right away - you should not wait any more!

What if you must sell your Michigan home in the fastest way you can because you can't afford to wait? Obviously, selling a house may require time and it can get very tedious and nerve-racking. Simply give us a call today to get a fair price and cash for your house up for sale by owner in Michigan.

Life might frequently bring unforeseen circumstances for example unexpected bills or a move to a new place resulting from a new job. Those can be scenarios where you do not want to wait many months with the sale of your Michigan house. We are the real estate specialists that will buy your home for sale by owner in or around Michigan right away so that you can move on in your life.

Any home owner who resides in or near Michigan and has a house for sale by owner can now stop worrying. We are the Michigan top home buyer that can buy your home for cash instantly. With us as your home buyers you can rely on you can stop worrying about repair costs and hidden fees and long waiting times if you want to sell your house.

You got an ugly home in or near Michigan you need to sell fast without the wait and without having to spend money on expensive repairs? You don't have to concern yourself with expensive repairs, lengthy closing times or all the hidden fees that normally come with selling a home! We will make you a good price on your Michigan home: All you have to do will be to give us a call today and we will contact you!

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We Buy All Cash

Complete the Form. We Contact You to obtion some more information We Analyze the Property and Make You a Cash Offer. You Review the Offer. If you Accept You Can Get Paid in Weeks Not Months.

Need To Sell Fast?

This Can Be Right For You. We Buy As Is. You Do No Repairs and Pay No Closing Costs. Safe and Secure Transaction With Title Company. Funds Placed with Escrow Company. No Realtor Fees. This Can Be Right For Probate, Inherited Property, Problem Tenants, Divorce, Moving, Foreclosure or Just Want Out

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Sell House by Owner Pinconning

Selling your house by owner in Michigan will not just take a long time, it could also be very expensive. In most cases, a home for sale by owner will have to be in top shape prior to it being sold - the repair costs can be huge. We are going to buy your home straight away and you do not need to invest a penny on fixes and repair costs.

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Information provided here may be innaccurate and no longer valid. Content is merely informational and should not be relied upon.

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