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Real Estate Tips
For Sale By Owner >Not the Best Investment

Some homeowners try to sell their own home, believing that they are as capable as a real estate agent of handling a property transaction. But according to statistics, only 8 to 10 percent of "FSBO" transactions actually close, and many end up in litigation.

If you choose to buy a home with a realtor's help, you substantially reduce your risk. Buying real estate involves more legal and financial repercussions than most people realize. Realtors are licensed and highly regulated professionals who are equipped to deal with the complex issues that arise. For example, if the FSBO seller holds your earnest money deposit, how will you as the buyer go about getting it back if the deal does not close? What will you do if the seller refuses to correct defects in the home or treat a termite infestation? Who pays for re-wiring the house if the electrical system does not meet current codes? What if there are liens against the property?

As a buyer, you have rights written into the sales contract. An experienced agent knows how to protect those rights while negotiating the best price and terms on your behalf.

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Real Estate Trivia
Q 
What is the world's oldest wooden structure?

A 
The oldest wooden buildings are the Pagoda, Chumanar Gate and Temple of Horyu in Nara, Japan, dating from A.D. 670.
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Sue Meservier, REALTOR®, real estate agent and broker for Auburn, Lewiston and Turner, Maine home listings, property and land for sale - NUMBER1EXPERT

Sue Meservier
Meservier & Associates

The Maine Real Estate Network
34 Center Street
Auburn, ME 04210
Office: 207-784-2525
Fax: 207-689-9801
Mobile: 207-576-5488
suemeservier@NUMBER1EXPERT.com
sue@meservier.com

"Today's Real Estate Professionals, Opening New Doors"
(Formerly of Keller Williams Realty Mid Maine)

Equal Housing MLS REALTOR


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