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Learning, Sharing, and Teaching => Real Estate and Landlording => Topic started by: FIRE Realtor on January 14, 2019, 09:56:55 AM

Title: Buying House Without Realtor?
Post by: FIRE Realtor on January 14, 2019, 09:56:55 AM

Any advice on buying a house without a realtor?  The property is in our neighborhood, we know the market very well, the seller is friend of a friend who let us take a look before they are ready to put on market in a few months.  The neighborhood is extremely popular and many houses sell through word of mouth before they go on the market.  Husband is a lawyer and works with real estate lawyer who can help with purchase agreement paperwork. 

Title: Re: Buying House Without Realtor?
Post by: waltworks on January 14, 2019, 11:20:54 AM

Do it. You don't even need a lawyer (in most states, at least). Just find a local title company, get a FSBO contract from the internet, and go to town.

-W

Title: Re: Buying House Without Realtor?
Post by: theoverlook on January 14, 2019, 11:23:43 AM

The title company will take care of you. They'll handle closing, title insurance, the works. There's no need for a realtor at all in this situation.

Title: Re: Buying House Without Realtor?
Post by: tralfamadorian on January 14, 2019, 12:44:55 PM

Title company or lawyer, depending on your state, is sufficient.

Title: Re: Buying House Without Realtor?
Post by: peeps_be_peeping on January 14, 2019, 01:43:06 PM

I bought my house without a realtor. It was super easy and the title company handled everything. I'm a lawyer but I didn't think I needed my lawyer hat at all.