: Use a third party, such as a title company or attorney's escrow account, to hold your "good faith" deposit. Never give this money directly to the seller.
: Hire a licensed home inspector to check major systems (roof, HVAC, foundation) and a title company to ensure there are no liens against the property. steps to buying a house from owner
: Look at similar homes sold in the last 3–6 months to ensure the owner's asking price isn't "delusional" or based on outdated market sentiment. : Use a third party, such as a
💡 : FSBO sellers often overvalue their homes because they are emotionally attached. Use hard data from local "comps" (comparable sales) to negotiate a fair price. If you'd like to move forward, I can help you with: Drafting a checklist for your first home tour. : Look at similar homes sold in the
Buying a home directly from the owner—known as a "For Sale By Owner" (FSBO) transaction—removes the middleman but places more responsibility on you to manage legal and financial details. You must handle your own due diligence, including verifying the property's value and ensuring the contract is legally airtight. 🏡 Core Steps to Buy from an Owner