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Old 08-11-2021, 11:24 AM
retiredguy123 retiredguy123 is online now
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Quote:
Originally Posted by Kewags@gmail.com View Post
Thinking of buying a FSBO. Do I need a lawyer or can a Title Company draw a contract.
? Who holds the earnest money? Do Property Management companies handle fsbo? Thanks
You do not need a lawyer. The title company will handle all aspects of the sale the same way they would if you bought the house through a real estate agent. You would give the earnest money to the title company and they will deposit it into an escrow account according to the law.