Real Estate Corners, Inc

  Selling your house without a realtor could save you thousands of dollars, but you need to go in fully prepared — especially with all the paperwork that’s involved when you’re listing your home for sale by owner in Minneapolis.   Quick-reference checklist  ·   Purchase offer from buyer (price and terms) ·   Sales contract/purchase agreement (drawn up by you) ·   Two forms of ID (passport, MN driver’s license, etc.) ·   Home inspection report (usually provided by buyer) ·   Appraisal report (usually provided by buyer) ·   Signed property deed (signed at closing) ·   Closing statement (breakdown of all costs in the sale, showing what you and the buyer each owe, usually prepared by the title company or escrow agent) ·   Bill of sale (includes final sale price and what’s included) ·   Property tax records (effective rate and assessed value) ·   Notarized affidavit of title (confirms that you own the property, there are no out...

  Many FSBO sellers choose to list on their own because they want more control over how the sale is handled. Some want to avoid traditional agent fees, and others are simply looking for a straightforward, no-frills sale without outside involvement.   If you're browsing MN homes for sale by owner, you’ll likely come across listings that are less polished, with sellers who may not follow standard practices. This means that you’ll need to approach these deals with more caution—and more preparation—than a typical agent-listed home.   Can you use a buyer’s agent? Yes, you can use a buyer’s agent when buying MN homes for sale by owner, and in most cases, you should. Just because the FSBO seller does not have agent representation does not mean you can’t have representation, either. A buyer’s agent will walk you through fair pricing. They can also write and review contracts and coordinate inspections, essentially protecting your interests throughout the process.   Since the ...