For Sale By Owner- you done it?

[Pic IN the Casa]

My wife and brother have a 12 acre piece of land left to them in Cheatham Co. They want to sell it. And after handing the real estate agency a giant chunk of money for selling a house last year I was sick to my stomach.

Never done anything like this but am exploring the pros and cons of FSBO.

 

[Andy S.]

I have not, but pretty certain @Spurhunter just did it recently. GLWS

 

[TNTreeman]

It’s no problem. All you need is a closing attorney.

 

[deerfever]

I have never sold but bought my property in this manner. It was a very simple process , my lawyer actually did a lien search, drew up the paperwork and we met at his office to sign. Everything was signed , sealed , delivered and I paid the man. Seems like I paid most of the fees as the buyer but I would have to look back at it. Honestly it wasn't that much and was a simple process. The guy that sold me mine was in the same situation you are and knew it joined me, he contacted me and of course I was interested. Just saying it might be a simple sell if the people it borders would be interested. It was a no brainier for me.

 

[rem270]

It's easy peasy

 

[Spurhunter]

I'm no expert, but I've done it a couple times. The closing attorney does all the work. There are so many avenues for listing your own property these days and land is selling like hotcakes. I don't see a reason to use an agent for vacant property, since anyone can go look at it on their own, even if you can't be there to show it. There is probably a real estate agent on here that will disagree, but that's been my experience. Your mileage may vary.

 

[ttf909]

My wife and brother have a 12 acre piece of land left to them in Cheatham Co. They want to sell it. And after handing the real estate agency a giant chunk of money for selling a house last year I was sick to my stomach.

Never done anything like this but am exploring the pros and cons of FSBO.

Many times. Not a big deal. Just find a good title company to handle the closing paper work. My original sales contract is very very basic . Got a buddy to type it up so it's spelled correct and punctuation in place. English was not my favorite school subject .
If I'm the buyer the title company does the title search and never never never buy without title insurance. Got a horror story about that one from a property my dad bought .

 

[cecil30-30]

Easy as can be. I've bought 2 houses fsbo and our 66 acres fsbo. Also sold my first house fsbo. There is nothing to it. Avoid realtors, they are leeches.

 

[JBell]

Potentially interested. Which end of the county?

 

[JeepKuntry]

I haven't done land but have sold a home. It's SO EASY! The buyers essentially have to do everything. The only complication, and it's a small one when selling, would be if you live in a HOA. But you can still zillow it and in most cases still have luck.

 

[prstide]

It's easy peasy

This. Just do it. The buyer is the one responsible for all the complicated stuff!

 

[Wiley]

I bought 3 parcels this way with jus myself and the seller sitting down with the closing attorney. When buying, be SURE the attorney does a Title Search on the property to see that it's free and clear of judgements, etc.

 

[PickettSFHunter]

It is very easy. Realtors are turds.

 

[Pic IN the Casa]

Potentially interested. Which end of the county?

Chapmansboro between Sweet Home Rd and 41N.

 

[shelbydeer]

Sold 2 houses this way. Crazy easy. Paid an agent in CA $200 to list it in MLS and sold house in 48 hours. Closing attorney did all the work. I will never use an agent, have in the past and did more work than they did

 

[KPH]

A neighbor did it but on a house, he said most eveybody who looked at it thought he should drop the price because he will not have to pay a realtor.

 

[Mattt]

Many times. Not a big deal. Just find a good title company to handle the closing paper work. My original sales contract is very very basic . Got a buddy to type it up so it's spelled correct and punctuation in place. English was not my favorite school subject .
If I'm the buyer the title company does the title search and never never never buy without title insurance. Got a horror story about that one from a property my dad bought .

This. Even if not owner financing this is how we do it. Title company gives peace of mind to all involved. As far as selling, I got Facebook just for this a few months ago. The marketplace on there will sell anything. Had over 8000 views for the last piece and didn’t cost a dime.

 

[Gravey]

Sold my first house by myself in 2001. Don’t remember a lot but seems we just had a closing attorney and fairly simple and painless.

 

[TN Larry]

Bought land a few years ago with no realtor. Everything went through the closing attorney with no issues.

 

[Urban_Hunter]

Bought ours with no agent, private seller to private buyer.

I’m potentially interested if you don’t mind sending details