put my house up for sale in July. I want to do a FSBO.
put my house up for sale in July. I want to do a FSBO.
Posted in Homes For Sale
Tagged current real estate, Estate, fsbo, house, interest, interest rates, July, market, Real Estate Market, sale
I want to take out a large HELOC on property A to pay for property B…and propety A is currently under contract for future sale. Most HELOC lenders lenders ask “Is property A for sale?” — and will refuse the loan if the answer is “yes.” I *could* play with the truth and answer “no” because technically, property A isn’t for sale…it’s a FSBO that was never listed and is now under contract. But my conscience doesn’t like that….feels like a fudge.
So how or where can I get a HELOC while being up front about the status of property A? Will any lenders do a HELOC knowing it will be ended by the sale of the property within a few months?
Posted in Homes For Sale
Tagged answer, conscience, contract, credit, equity, equity line of credit, fsbo, heloc, Home, home equity line, home equity line of credit, lenders, Line, Pay, Property, sale, truth
I am trying to sell my home FSBO. I put out money every week for advertising. Is there a place I can list for free that has people actually come to the site?
My wife and I have found a house that is FSBO (For Sale By Owner) and we do not have a realtor ourselves. How much additional work are we setting ourselves up for by not involving a realtor in the process and what things should we especially be looking out for? We have looked around and did our own market analysis so we know that the house is priced correctly. We are thinking about making a first offer of 95% of the asking price since the 3% – 6% is being taken out of the equation for not using a realtor. We are also first time home buyers so the entire process is new to us. I know that we will need the house inspected, appraised, surveyed, and we will have to find an attorney to look over the paper work (by the way we are pre-approved for our loan). We also know to put an opt out option or a home repair clause just in case something major comes up in the house inspection so we are not bound to the contract. Is there anything else that we should especially be on the outlook for?
Are they involved in the sale or just paperwork? Do you start by FSBO and then the attorney goes from there?
Posted in Homes For Sale
Tagged attorney, charge, Estate, fsbo, Home, paperwork, Real Estate, sale, SERVICE