fsbo Home selling tips...

For sale by owner: real estate forms & contracts plus fsbo selling tips; how to sell your own home.

CUSTOMER LOG-IN

HOME FOR SALE BY OWNER SERVICES

REAL ESTATE FORMS AND CONTRACTS TO SELL A HOME: $14.20 CREATE A WEB PAGE AD TO SELL YOUR OWN HOME: FREE WITH PURCHASE OF FORMS & CONTRACTS FLYERS TO ADVERTISE AND SELL A HOUSE BY OWNER (INCLUDED WITH FORMS & CONTRACTS PACKAGE) FLAT FEE MLS SERVICE

HOW TO SELL YOUR OWN HOME
PREPARE THE HOME FOR SALE SET YOUR HOME SELLING PRICE BRING BUYERS WITH GREAT PICTURES HOW TO ADVERTISE AND SELL A HOUSE THE OPEN HOUSE, SHOWING YOUR HOUSE TO BUYERS FOR SALE BY OWNER SELLING STEPS HOME FOR SALE BY OWNER SIGNS NEGOTIATING WITH HOME BUYERS CLOSING THE SALE AND COLLECTING YOUR CASH HOME SELLING CHECKLIST
HOUSE SELLING CALCULATORS
CALCULATE A MORTGAGE PAYMENT CAN THIS BUYER AFFORD YOUR HOME? NET CASH TO SELLER (MONEY IN YOUR POCKET AFTER THE SALE)
STATE REAL ESTATE FORMS
CALIFORNIA CONTRACTS COLORADO CONTRACTS FLORIDA CONTRACTS GEORGIA CONTRACTS NEVADA CONTRACTS TEXAS CONTRACTS VIRGINIA CONTRACTS ALL OTHER STATES

ABOUT US CONTACT US USEFUL RESOURCES MORE REAL ESTATE LINKS SITE MAP
Electronic Commerce

Consider special financial terms when selling your own home. Some of the following can help sell a fsbo home.

Assumable Mortgage:

If a buyer can assume your present mortgage without having to qualify with a mortgage company, your home might sell for a higher price than a similar house without an assumable mortgage.

This is especially true when the interest rate on your mortgage is lower than present market rates. Check with your mortgage company to see if your mortgage is assumable at an attractive rate.

Seller Financing: Choosing the 'home for sale by owner' route does not rule out creative financing !

In some situations a good Buyer is temporarily unable to get a big enough mortgage to purchase your home.

For example:

The Buyer's funds are tied up in an IRA or other long-term investment.
A strong Buyer has children in the last year of college.

Examples of mortgage loans a Seller might offer to help a Buyer complete a purchase:

Balloon Mortgage Loan:

The buyer begins by making equal monthly payments, but must pay the entire balance at the end of a short period (usually between six months to three years). This type of Seller financing gives the Buyer time to arrange a regular mortgage loan through a bank and repay the Seller.

This type mortgage is usually implemented with a Balloon Note of the type included in our set of Real Estate Forms & Contracts.

Regular Mortgage:

Usually, this is a second mortgage to cover the difference between the price of the home and what the Buyer can finance. This differs from the balloon in that the buyer makes equal, monthly payments until the mortgage is paid off.

This type of mortgage is usually implemented with a Mortgage Bond (included in our Forms & Contracts).

The form used to certify that each of the above mortgages has been paid is called a Discharge of Mortgage. A copy is included with our Forms & Contracts.

Forms and Contracts:

You can usually reduce your legal fees by filling out forms and having a lawyer review them rather than draft documents from scratch. Forms for balloon and regular real estate mortgages are available at most large office supply stores and in our set of Real Estate Forms & Contracts.

Lease with option to buy:

Use when a home proves impossible to sell because prospective Buyers can't qualify for a mortgage.

Your prospective Buyer rents the home with an option to buy within six months to two years. If he exercises the option, the Buyer/renter pays a lump-sum of 3%-5% of the purchase price to the Seller. In addition to this down payment, the Buyer/renter pays a monthly sum (usually $50-$300) in addition to the regular rent. This monthly sum is credited to the purchase price and is non-refundable.

Lease with option to buy" agreements are available at OfficeMax, Office Depot, Staples and other large office supply stores. They are also available in our set of Real Estate Forms & Contracts. You can download the Forms & Contracts to your computer or we can mail them to you.

Search for home selling advice

FOR SALE BY OWNER (fsbo) BOOK: FREE

Contract Package $14.20
Real estate forms and contracts to sell or buy a home in your state. All forms are available in Microsoft Word format for Windows. Most state forms are also available for the Apple Mac, and in PDF format for the free Acrobat Reader.

Price includes Photo Tour package described below.
Order now.

Photo Tour (Free with order of $14.20 Contract Package)
Internet web page ad with up to ten pictures of home plus property description and choice of 28 eye-catching headlines to sell your house. Also includes choice of two advertising flyers for local distribution. Internet listing remains active for 6 months with two free 90 day extensions...
Order now.
Learn more...

�