| Listing your own home as a For Sale By Owner | | | | unbiased during this process?" You love your |
| (FSBO) is a mighty attractive option when you | | | | home and perhaps invested money in it over the |
| consider most real estate agents charge a six | | | | years. However, market value is market value. |
| percent commission. Why not save that six | | | | 4. "How will I screen for serious buyers that can |
| percent and roll it into your profits? After all, | | | | afford to buy my home?" |
| there are plenty of FSBO Web sites that, for a | | | | 5. "How available am I for showings?" |
| nominal fee, give your home online exposure. Add | | | | 6. "Do I know a good real estate lawyer?" How |
| in the cost of a $20 sign for the front yard and a | | | | about an appraiser, home inspector, or termite |
| bit more for a classified listing in your local | | | | inspector? |
| newspaper, and you've potentially saved a whole | | | | 7. "Did I add up all the expenses related to selling |
| heap of money. | | | | my home?" |
| Before you take that plunge as a novice realtor, | | | | 8. "Can my credit rating can be ruined by a |
| ask yourself these 10 questions. You may find | | | | buyer's default?" |
| you are not prepared to go it alone. | | | | 9. "Am I well versed in home loans?" |
| | | | 10. "Why get into this mess? Am I up for all the |
| 1. "What paperwork do I need?" There are | | | | paperwork, the legal liability, the showings, multiple |
| volumes upon volumes of forms, titles, and | | | | fees, and quite frankly, the headaches?" |
| certificates required for the sale of a home. | | | | Sometimes what seems so easy can actually |
| 2. "How knowledgeable am I about state | | | | take a lot of time, money, and perseverance. |
| law?"From termites to leaky roofs, disclosure | | | | Using a Realtor(r) or a homebuying company may |
| requirements change from state to state. | | | | be the way to go. |
| 3. "How will I set my asking price? Can I be | | | | |