For Sale By Owner
"FSBO" is a term used to describe when a property owner sells his/her own property, without hiring a real estate agent. More and more, owners of real estate property are choosing to sell their property through the FSBO process. Going the FSBO route may not be for everyone. While selling through the FSBO process may save you money on the real estate commission, it can also be more risky and time consuming. There are many web sites that claim to offer to help owners sell their own property, however, while they may be able to assist in providing you information or services that are normally provided by a realtor, they cannot replace the important role of your real estate attorney.
If you are considering selling property without the assistance of a real estate agent or broker, more than ever, you will benefit from seeking the advice and counsel of an experienced and qualified real estate law firm that has the expertise to handle FSBO transactions. The Albany, NY real estate attorneys at Sciocchetti & Abbott PLLC, have handled countless FSBO issues and related matters and we can properly assist you in understanding the legal processes you will confront when selling your own property.
BUYING DIRECTLY FROM A "FSBO" SELLER
While there may be advantages to buying a home directly from a homeowner without the assistance of a realtor, the buyer should enter into such transactions with a mixture of knowledge and caution. It is important that buyers are aware of the documents and legal processes that are necessary to buy a home from a FSBO seller. At Sciocchetti & Abbott PLLC, we have the real estate law experience and expertise to assist FSBO buyers and to help ensure that their transactions are seamless.For Sale By Owner Magazine and website recommends...
The Importance of Using a Real Estate Attorney in a FSBO Transaction;
"There are many situations that will happen in your life where attorneys are not necessary. A real estate transaction is not one of them. There are numerous reasons to enlist the help of a real estate attorney as you navigate through the process of selling (or buying) your home. Having a competent real estate attorney represent your interest is arguably one of the most important transactions in your life is priceless…your piece of mind, knowing that all aspects of the transaction have been properly prepared and executed and nothing has been overlooked."
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