| Deciding to sell your home will save you | | | | documents are offered as a for sale by owner |
| thousands of dollars in realtor commissions. | | | | kit. There are different ways of obtaining |
| In exchange, you need to understand subjects | | | | them, however the internet has provided one |
| such as a purchase contract. | | | | of the easiest methods. For nearly no cost, |
| | | | anyone can download all of the documents need |
| For Sale By Owner Purchase Contracts | | | | to get through the transactions. In fact, |
| | | | these are the same pre-printed forms used by |
| Once you have decided to sell your home | | | | most realtors. |
| without going through a real estate agent, | | | | |
| you need to take some time to develop an | | | | As you have probably read, owner sellers are |
| understanding of the process and necessary | | | | missing out on a huge opportunity if they do |
| documents. First, you are not alone in making | | | | not take advantage of the help offered by |
| this decision. A recent survey found over 30 | | | | mortgage brokers. Mortgage brokers are |
| percent of homebuyers intend to sell their | | | | independent loan writers and want to do |
| homes without an agent. Given this demand, | | | | business with you. Their goal is to write the |
| there are now a bevy of forms available to | | | | loan for the buyer of your property, so they |
| the owner seller and all include a purchase | | | | are motivated to help you sell the home. They |
| contract. | | | | will provide you with all the forms you need |
| | | | for free and will help you with open houses |
| A owner seller purchase contract is really no | | | | and so on. This is a free resource you should |
| different than any real estate purchase | | | | definitely take advantage of. If you sell the |
| contract. It contains all of the same terms | | | | home and they get a loan, it is a win-win |
| and is usually called a real estate purchase | | | | situation. |
| agreement. A real estate transaction is the | | | | |
| same regardless of whether you use an agent | | | | When making the decision on whether to sell |
| or not, so there really isn't any need for a | | | | without an agent, many homeowners are |
| specific owner seller sales contract. | | | | concerned about purchase contracts and other |
| | | | forms. Purchase a pre-written version, use |
| In general, all of the required contracts and | | | | the free services of a mortgage broker and |
| forms for a real estate transaction are | | | | you will be fine. |
| purchased in a group. Typically, these | | | | |