What should I know before offering to buy a 'for sale by owner' house?
926983
You definitely DO NOT need to hire an agent. A real estate attorney at your local Title Company can process all of the paperwork for a fraction of the cost. Your state requires certain documents to be filled out. Your title company has all of these forms for you. \n\nMake sure you get pre-qualified at your bank. \nMake sure you get a homeowner's inspection. \nMake sure you conduct your own appraisal and/or hire an appraiser. \nMake sure the contract/offer has "pending a satisfactory home inspection". \nDo not sign anything without having your attorney look at it.\nMake sure you get a Title Search.
1115574
Not enough info for a good answer.\n\nIf you haven’t bought the house yet then it’s negotiable as to who pays or how it is shared.  And part of that is how good a deal you are getting on the house and what the market is like in your area.  Either one of you (buyer or seller) might be better off eating the damage rather waiting for the next buyer or wait to find another acceptable house.\n\nIf you already bought the house – did you have it inspected?  Might call the inspector and get their take on the matter.  Was the damage readily apparent?  How extensive is the damage?  Is it reasonable that the seller knew or should have known of the condition and failed to disclose it?  \n\nAs you see there is no straight answer to your question.  Talk to your agent/broker, your inspector, a contractor or 2 and make a rational decision on how to proceed.
147742
Personally, I would get a lawyer involved in a sale by owner transaction. Are there disclosures you should be, but are not revealing. The attorney will make sure you are covered.
11315
If you have an agent, have them run a CMA (comparative market analysis) for the property.  This will tell you what other homes the same size, age and location have recently sold for.  From there, you can make a realistic offer.  I've had clients offer full price because of market demands, and I've had clients get $10-20k less because a particular area is slow.  You need more info!  You can email me if you have any further questions.
900498
Its not on www.rightmove.co.uk, but it may be a private sale.\nHe shouldn't be able to sell it without your permission though, if you are joint owner.
1058542
Yes!    If you are interested in the property - present the seller with an offer to buy letter to be reviewed by their attorney.  You must list the price you are offering and any other comments like in lieu of  expection by your engineer, a termite inspection etc.  You will need to give a copy of this letter to your own attorney and ask the seller to give you their attorney's name and contact # if they are interested in your offer.
1175483
yes you can, discuss it with whatever real estate broker has the listing for your property or hire your own broker to deal with them
156546
I bought my home with cash. I would highly recommend hiring a lawyer. He or she can handle all the little details that most normal people don't think about. Make sure you go to town hall and make sure the taxes are up to date, also. You can also get a realtor, preferably a 'buyers agent', to sort through the paperwork. A lawyer works 'by the hour'. A realtor on a percentage of the sale price (or most do.)
352537
owner will aloow you to make payments on house rather then have you bother with going to bank and trying to get loan and paying owner in full. most owners are pretty basic and easy to work with...a hell of alot better then lenders...each owner may have their own criteria's you have to meet so it is best to ask them what the payment plan entails.
872483
Sellers Property Disclosure, Deed, Lead Paint Disclosure, Lead Paint booklet from Hud, Tax card, Tax Map, etc.\nYour Agent will take care of all this I'm sure.
724041
Is it For Sale By Owner?  If it's listed then get your own Realtor to help you with the negotiation process.  You can use the listing Agent, but keep in mind that they have to keep Both of your interest in mind, this can be good or bad.  If you're working with the listing agent, they are likely to push for you to get it as they can get both sides of the commission.  On the other hand, your own Agent will be completely loyal to you only.  I don't think a letter will do much for you as the bottom line is the right price, and the least amount of hassle in regards to financing.  Never-mind a huge Earnest money payment, as there are a hundred ways to get out of it (not many people know this).\nMost homeowners could care less what/why you want the property.  It can't hurt to write them a letter, but it probably won't make much difference....good luck!
760659
A real estate company will list this property and the bank will not deal with you directly. Actually it is not a bank but an REO company working for the bank. Find out who the listing company is from the bank and contact them. Chances are it will be weeks before the property is able to be sold but let the real estate company that is going to list the property know you want it. They are going to try to sell it for the most they can get, but the REO companies will usually listen to the realtor who knows truly what is worth.
1083558
The local property assessment office should have those records.\n\nYou should always consider Title Insurance before buying, however.
718286
Get the address and take it to your city hall to find the owners name address.  Then you can write a letter asking if he/she's willing to sell.
862705
You can co-venture with a builder.    The owner contributes the land; the builder the improvements.  On sale you split the proceeds according to whatever formula you agree to.\n\nTravel around your area & look for houses under construction.  Get the name & ph. nos. of local builders who are building out the kind of homes you think are sutable for your properry & call them.
777076
Auctions.  Look at your local paper for legal notices - foreclosure sales.  Do your research before going and bidding on properties.    If you don't know what you are doing, you could risk making a horrible investment and losing money so talk to people at auctions and get tips before bidding yourself.
866428
It all depends on the buyer - when an offer is made, the buyers may make stipulations called "conditions of sale".  They may request that certain appliances are available, or that a leak or electrical problem is repaired.\n\nWhen you find a buyer for your house, if they mention the lack of a stove, you can either buy one to seal the deal, or discount the price of the house to cover the purchase and installation of anything that's missing.\n\nTalk to your realtor (if you have one) to see what they'd suggest.