Talk of The Villages Florida - View Single Post - Buying from owner questions
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Old 02-27-2010, 08:25 AM
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Quote:
Originally Posted by Cateca View Post
We will likely be buying TVs home directly from owner, i.e. without a realtor.
Would appreciate list of steps to take/persons to hire. Title search, appraisal, inspectors, lawyer? Could anyone help? Thannks
Perhaps you already have a home in mind and have negotiated a good price. If so, congratulations. If not, a word of warning. There is a reason why most homes end up being listed through VLS or MLS and selling with an agent.

FSBOs are traditionally often overpriced because the owners set their own value without the benefit of looking at existing sale prices. And owners usually feel that their home is a castle and over value improvements they've made. Often, it is when the owner looks at comarable sales with an agent that an owner realizes the truth about market value.

Good luck with your purchase.
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