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Old 04-02-2022, 07:17 AM
retiredguy123 retiredguy123 is online now
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Quote:
Originally Posted by rsmurano View Post
You don’t need a realtor. I sold my last home without a realtor. Post it on a couple of websites and it will sell in days. I kept the down payment, not a title company. You can go to any title company that you want to us to close on your house and get the necessary forms for free. The 2 forms we used to start the process was the sales contract and the disclosure form. I sold ours cash with no inspection. If they want an inspection, make it within 7 days and keep trying to sell your house until the inspection period is over. It’s a good idea to have a backup sale in case the 1st buyer backs out.
Most experienced buyers would want the earnest money held in an escrow account by a third party, like a title company. As a buyer, I would not allow the earnest money to be held by the seller. Even when a broker sells a property, they use a third party escrow account for the earnest money.

Also, I think it is best to decide on a title company before showing the house, and use their contract documents. If you try to select or switch title companies after you already have a signed sales contract, they may not be comfortable with the contract documents that you used.