Using a broker to sell your home can cost you up to six percent of the selling price -- in other words, if you sell your house for $400,000, you can spend up to $24,000. But you'll save that money if you sell the house yourself, and it's not hard to do!
Thoroughly revised and scrupulously researched, For Sale by Owner in California takes you step by step through the entire selling process, from putting your house on the market to transferring the title. Find out how to:
- select the best time to sell - prepare your house for sale - price and market your home - coordinate the sale of one house with the purchase of another - screen buyers for financial feasibility - make required disclosures - work with or without real estate agents - attract potential buyers with creative financing - handle multiple offers - write and negotiate a contract - complete the escrow process
This edition of For Sale by Owner in California reflects the most recent changes in the housing market and laws, and now includes additional discussion of the importance of pricing a house to sell and performing a thorough vetting of potential buyers financial cresources. It also provides all the forms and instructions you need, including:
- disclosure forms required by law - offer and counteroffer - sales contract - contingency releases - deeds - second mortgage note - and more
Not a resident of the Golden State? Check out the Nolo books Selling Your House in a Tough Market and Nolo's Essential Guide to Buying Your First Home for real estate help in your state.
Most Helpful Customer Reviews
I agree with some of the reviewers of the previous edition of this book: it is a bit thin. The book enlightened me in some ways, but left me wondering on some details. The author spends a fair number of pages on how to price, prepare, and show your house and on how to deal with real estate agents. This content seems more suited to a general book on home selling, not necessarily FSBO. I found the first six chapters to be marginally informative. The best chapters are the ones which describe necessary disclosures, the offer/contract, counter-offers, and escrow. But even these chapters leave me with quite a few questions. I would be nervous about proceeding solely based on the information contained in this book.
Exactly what I needed. I own a house in Roseville, California. The supply for homes is low (for the price range most can afford), therefore demand is high. I'm barely above water on the mortgage. I've been renting out the home for 5 years, but since the market is in my favor, and interest rates are low, I want to sell. I didn't purchase the house with the intention of renting it out. I got married and moved in with my husband. I can probably afford to pay commission to an agent representing clients, but I can't afford one for myself, hence the reason for taking the FSBO route. The book addresses all the critical items I need. The house is empty and looks beautiful. The renters were good people, and have moved out. I just posted on Craigslist, and plan to have an open house this weekend. The book helps with outlining all the things you need, providing useful tips and preparing the reader with how to handle potential buyers. There's a lot on the web, but the book is pretty thorough...
Book is an easy read and logically laid out. Seems to cover the entire process is sufficient detail, including necessary forms via the web. As I go into a FSBO, I am confident all legal angles will be completed correctly.
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