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"For Sale By Owner" simply means that the individual who owns that item or property is selling it independently, rather than going through a third party and paying fees or commissions. This is common when selling real estate. The seller lists the property for sale without the help of a real estate agent. Mortgage Finder's Network: What Does For Sale By Owner Really Mean?References:
FOR SALE BY OWNER OR FSBO IS A REAL PROPERTY OWNER WHO IS TRYING TO SELL THE PROPERTY ON THEIR OWN AND SAVE THE FEES ASSOCIATED WITH DOING BUSINESS WITH A REALTOR.
CAUTION SHOULD BE USED TO VERIFY THE OWNERS REPRESENTATIONS REGARDING THE REAL ESTATE AND THE FINANCIAL DETAILS OF THE BALANCE OWED.
Do not encourage meaningless questions by AB staff!
They dont have a lawyer or an estate agent selling on their behalf. Better be careful and know exactly what they are doing, if there is someone to go to court with, then they cant blame the professionals!
he never believed in advertising,lol
hes tired,throwing the towel in
Do you have to take classes to obtain a real estate license?
by Answerbag Staff on March 3rd, 2011
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by Mamun_A on May 5th, 2011
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I want to "Owner Fiance" my home. I owe debt. I get a 1098 from bank from original loan, how do I get my buyer a write off and not me?
by clarkbar on May 13th, 2011
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