11 Reasons For Sale By Owner (FSBO) Is A Terrible Idea » Mortgage Masters Group

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The next step in the process of buying a for sale by owner is to secure your pre-approval. Whether a buyer is pursuing a for sale by owner or not, securing a mortgage pre-approval is vital.. A mortgage pre-approval is important for a number of reasons, one of the most important being it’s a method of showing a homeowner that the likelihood of being approved for a loan is strong.

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For Sale By Owner or FSBO is how it’s called in the real estate world when a homeowner decides to sell his house on his own, with no help from a real estate broker or agent. For Sale By Owner listings or FSBOs have become increasingly popular since the advent of the Internet.

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For Sale By Owner (FSBO) transactions are more costly than homeowners realize, they are complicated transactions that can put both buyers and sellers at risk. FSBOs take longer to sell costing sellers both time and money. Here are 11 reasons why for sale by owner is a terrible idea. Read full article.

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