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Just Ask The Neighbors.
A recent Q/A question discussed the main pitfalls a FSBO might face. I am reminded of a story recently told by my neighbor. His friend wanted to buy on my street, and the across the street neighbors just happened to be moving. I knew this because they approached me about listing the house. I had no hesitation in declining. The homeowner was a 'professional handydandy' who did a lot of work for local contractors and agents. His work was inconsistent at best, and there were a few times I know someone had to be hired to 'fix it right' after being promised 'he'd make it right' which never seemed to happen. But you would have thought on 'his house' he would have done it right. You'd be wrong. So my neighbor's friend was informed that Handydandy's house was available, and he felt confident enough to 'just save the commission' and DIY. Unrepresented buyer, FSBO seller. No state purchase contract, just the title company's forms. No inspections. My neighbor, who stops me to chat as I walk Luna, told me "Ohhh, he's had so much trouble with his house! First, the AC leaked through the roof and had to be replaced, and the roof repaired." (Oh, is that what ServiceMaster ... more
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