There’s pros and cons to selling your own home. I believe you should always hire a professional Realtor and there has been times in the past where I have helped clients finance a purchase of a For Sale by Owner (FSBO). While financing a FSBO is not impossible, it does pose some additional hurdles for buyers requiring a mortgage.
How do lender’s treat FSBO’s differently?
What documents are required for FSBO’s?
Lenders will require full documentation from the borrower upfront before offering a mortgage commitment on a FSBO:
How can I get more info on FSBO mortgages?
For more information on financing a FSBO or if you are currently trying to sell your own home and would like a referral to a professional Realtor in your area please contact meApply Now