Avoiding FSBO Problems
The main drawback of buying FSBO homes or distressed properties sold by a homeowner is that there is no real estate agent to handle the paperwork and the transaction. Since real estate laws and forms can be quite complex, you will want to hire an attorney or other professional to ensure that the purchase is legally sound.
If you are interested in For Sale By Owner properties or other distressed homes, DistressedPropertiesSale.com makes it easy for you to find homes for less in your area. Our daily updated listings list all sorts of foreclosures and distressed homes that can save you many thousands of dollars.