For Sale By Owner
By Shelley Elder, Estate and Probate Lawyer serving the North Atlanta metro area, including Bartow County, Cherokee County, Cobb County, Paulding County
Do you plan to sell your property as a For Sale by Owner transaction? Or do you plan to purchase a home that is For Sale by Owner (FSBO)? Some owners make the decision to handle the sale of their property on their own, without the assistance of a real estate agent or a real estate attorney so that they can maximize their profits. It is true that by exercising this train of thought, you may save some money in the short-run. However, these types of transactions usually involve a number of legal issues and potential pitfalls. Real estate law can be exceedingly complicated and the sale of a property involves contracts that are legally binding. You should never sign a contract as important as a real estate contract without having an experienced real estate attorney to review it for you.
Whether you are selling your home yourself or are buying one directly from the seller, if you fail to consult with an experienced real estate attorney, you could find yourself knee-deep in costly litigation expenses in the future.
Elder Law Firm can help you by drafting or reviewing your contract and may prevent some of the pitfalls of doing it yourself - a sale falling through, a mountain of additional costs for repairs, inspections, and remedies for title defects. If you are involved in a For Sale by Owner transaction, we are happy to assist you in drafting, reviewing, or negotiating your contract, whether you are a seller or a purchaser.
Should you have any questions, please contact Elder Law Firm for the answers, experience, and the personal attention and service that can only be found in a small firm setting. We look forward to assisting you.
Shelley Elder of Elder Law Firm meets with clients in the North Atlanta metro area, including Acworth, Cartersville, Dallas, Emerson, Kennesaw, Marietta, Powder Springs, Smyrna, Woodstock, and other communities in Bartow County, Cherokee County, Cobb County, and Paulding County.