For Sale By Owner – The Master List
You’ve decided to sell as a For Sale By Owner (FSBO), however when it comes time to sell their houses, many people wonder what items they should repair and which ones are better left alone. This is often a question of budget, and market value but in today’s real estate market where open disclosure is the norm, many savvy homeowners are pondering this question carefully.
If a home is listed with a real estate agent, the agent is compelled by law to tell Purchasers all the property’s dirty secrets. Many get the home owner to sign a Vendor disclosure form. As a For Sale By Owner, you’re also compelled by law to disclose those items that could pose a risk to health or safety, or that could be considered a structured defect of a major sort.
