Talk of The Villages Florida - View Single Post - FSBO experience
Thread: FSBO experience
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Old 02-23-2018, 02:29 AM
Mrs. Robinson Mrs. Robinson is offline
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Quote:
Originally Posted by graciegirl View Post
Call McLin Burnsed, the "Villages" Law Firm. (used for all Villages closings) Ask them any questions and pick up info. They are GREAT.

When we sold our home by ourselves they charged $700 to handle all of the legalities. That was seven years ago. They manage the closing, title searches etc. Closing costs are from the bank of the buyer if they don't pay cash of course.
Our buyer split the cost of the legal fees. Some will and some won't.
Quote:
Originally Posted by Brandy4 View Post
Anyone ever used "FSBO" (For Sale By Owner) to sell a home and your experience/opinion

Closing costs are not from a bank of a buyer regardless of whether they pay cash or not.
Whomever it is that works up the HUD (closing statement) and handles the actual closing -- a title company or attorney -- is who does this paperwork and will handle the closing.
The buyer may have an attorney represent them, but that cost would be paid by them.

Regardless of how you go about selling, you should have a Seller's Disclosure completed for when the time comes and you have a buyer.
This is a form that you complete and the buyer(s) sign.

Within The Villages, traditionally, title insurance is paid for by the seller.
As I said, the word is by "tradition."
Whomever pays for the title insurance is not set in concrete. You can have the buyer pay this fee.

I'm not familiar with the FSBO.com company, per se.
I don't know how they charge or what they charge.
I can tell you that you can put your property on Zillow, as a for-instance, for free.

I can mention another few things that might be helpful; check your private messages.
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