Hiccups are never convenient and usually are very annoying... especially in a business transaction. Obviously I am NOT talking about the type of hiccup Joe is experiencing while trying to sleep.
Purchasing or selling a home is one of the most complex business transactions most people will face in their lifetime. As a retired Real Estate Broker who owned one of Minot North Dakota's oldest brokerages I want to encourage Home Buyers to run away when they see For Sale By Owner. There are just to many legal hiccups that can ensnare you and cost you your life savings.
It has been my experience that most homes being sold For Sale By Owner are being sold that way because the Seller does NOT want to disclose a condition/flaw in the home, or worse yet, a flaw (cloud) in the title.
A Real Estate agent and their backing Broker is your best defense against fraud and deception. Don't believe for a moment that the Seller is trying to save YOU money. At best he/she is trying to pocket more profit from you. At worst they are defrauding you by misrepresenting the property they are selling. A Realtor is your best defense against such fraudsters.