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Realtors FSBO Selling – Protect yourself by proper paper work, Avoid tricky area of contract.
By Hossein Mansouri.
Selling your property through FSBO does require a lot of attention and careful paper work. It is not just transaction (Purchase and Sales Agreement) alone there are several forms to protect seller and buyer from a possible future trouble. The documents are so many forms such as, Property disclosures, financing, title, lead paint, lien, septic inspection, well, police department, neighborhood, and so on. You have to make sure your lawyer is helping you in every stage. At the 1st point try to get all the necessary forms either from a Title company or a real state agent get the forms that usually they are using in the process of home sell. The forms have to be ready in advance. The forms may be specific for different state or county, of course you can obtain FSBO forms from FSBO Form Software too. From the above forms the most important one is the Property disclosure form, which discloses what you know about the property, and the potential buyer will make decision base on those information. An ideal situation for seller would be to sell as is condition It is worth to give some discount to buyer rather than later on to come back, and ask you to pay for a problem that you knew but you did not disclose.
Hossein Mansouri is a licensed agent in California State; he is a team member with American Dream realty you can reach him at www.ADRealty.us/h (Cell:650-704-5070)
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