Ask Experts Questions for FREE Help !
Ask
    grannana3's Avatar
    grannana3 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 31, 2010, 07:37 PM
    Selling house what is the next step
    Steps to take after you have agreed on a price for house for sale by owner?
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
    		  
    #2

    Jul 31, 2010, 08:41 PM
    Hi, grannana3!

    Have you hired an attorney yet?

    If not, I would suggest getting an attorney who specializes in real estate so that your interests are protected through everything and to insure that things are done in a manner that is legally correct.

    Hiring an attorney will be an extra cost, but having one to advise and look everything over can save a lot of headaches in the end!

    Thanks!
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    Jul 31, 2010, 08:51 PM

    A real estate contract needs to be done, to protect buyer and seller. A deposit is made to confirm it.

    How are they paying ?

    I mean I have sold a house in one day, we went to the bank, they had the money transferred into my account, and I signed a deed over.

    So I guess is it a cash sale, is owner going to finance ? Is there a house inspection to be done that could stop the sale ?
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
    		  
    #4

    Jul 31, 2010, 09:17 PM
    As you can see, grannana3, there's already quite a few things about which an attorney would be able to advise you the best because of knowing the laws and procedures that need to be followed in the locale where the sale is taking place.

    Thanks!
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Selling house as-is [ 1 Answers ]

I'm trying to sell a single family house that is rented out and the rental lease expires in 3 months. The house has some issues and definitely needs some repair work. What are my obligations as a seller. Is it enough to just say : "selling house as-is", or do I have to actually disclose all the...

Selling a house [ 2 Answers ]

I have heard that a fireplace adds 12% to the value of house when selling. Can anyone confirm this, because it sounds like a lot?

Selling House [ 1 Answers ]

I am selling my house (by owner) -- looking for templates that I can use for flyers. Thanks

Selling our house [ 4 Answers ]

My husband filed ch. 13 in 2005 in Tennessee. He did not include our 1st and 2nd mortgages in his bankruptcy (we pay them outside of the plan). I did not file bankruptcy. We are both in title on the house and we are both on the 1st and 2nd mortgages. We now want to sell our house and I have been...

View more questions Search