Selling A Home

Am I Responsible For Minor Changes To The Property That Are Discovered At This Inspection

Most real estate contracts have a provision that the seller will keep the property in the same condition until closing, except for normal wear and tear. If the change is what would be considered by most to be normal wear and tear, then the seller has no obligation to make any repairs. If the defect discovered is beyond what would be considered normal wear and tear, then the seller may have an obligation to make that repair prior to closing.

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Are There Advantages To Selling My Home Without An Agent

If you choose to try to sell your home without a real estate agent, it’s even more important to consult a real estate attorney to make sure you’re following all the proper laws and disclosures.Oftentimes, people want to save money on the commission, but oftentimes, buyers looking at for-sale-by-owners think they’re saving on commission. So, many times, you’re smart to actually employ the services of a licensed real estate agent along with a licensed real estate attorney. They can work together to help you achieve your goals.

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Are There Disadvantages To Selling My Home Without An Agent

Certainly, if you choose to sell your home without an agent, you will not be able to list your home in the MLS or the multiple listing service, so you will not get as much exposure to the market as you may as a for sale by owner. Also, real estate agents are working with qualified buyers that may buy your house today instead of having to wait for someone to come along as a for sale by owner.

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Can A Buyer Sue A Seller For Backing Out Of The Contract

Depending on the terms of the contract, the buyer may have the right to sue a seller for specific performance, if the seller refuses to close on the transaction. These terms are negotiated heavily during the negotiation phase of a purchase contract, and a licensed Florida attorney can assist you in making sure there are clauses in the contract to protect your interests.

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