Thursday, March 15, 2007

For Sale by Owner

Hello There Fellow Home Sellers and Shoppers,

What do you think about buying a house that is listed as for sale by owner? I personally think I feel more comfortable working with a realtor, but recently, I've gotten frustrated with all the secrecy and politics surrounding the purchase of a house, and I'm appalled with the information that realtors will hold back if they are not directly making money off of you. Plus, my friend Suice had a great experience going through the "for sale by owner" process from the seller standpoint, when she sold her first house. Although it was a bit more work, she was definitely pleased with the thousands of dollars she saved, and she said she would do it all again in a heartbeat.

While trying to learn more about the for sale by owner process, I found a site called obares.com, where you can get lots of information about real estate services. This site specializes in for sale by owner information, and I found it to be a great resource, particularly if you are first time home buyer, like me, and you don't want to be taken advantage of by greedy sellers.

The site is beautifully laid out in "tab format" and you can find plenty of tips for any point in the home transaction process--buying, selling, legal forms, etc. In particular, I found their calculator section particularly helpful, especially the feature that connects you to a Free Credit Report Online. As we all know, the purchase of a house is HUGE, and before you even think of that, you need to secure a home loan. And of course, loaners want to see that you have a clean credit report.

So, you can check out this site to make sure your credit report is golden, and then get ready to purchase your home!

Thank you for reading, this has been a sponsored post.
Tanya

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