For Sale By Owner
Are you selling your home without a Realtor?
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The Guaranty & Title Co. team understands all aspects of an FSBO (For Sale By Owner) transaction and we will handle the
details so you can have a smooth closing.
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It is important to know that according to the National Association of Realtors, FSBOs accounted for 11% of home sales in 2018.
On average, the typical FSBO home sold for $200,000 compared to $280,000 for agent-assisted home sales.
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If you do choose to go the "do it yourself" approach, we are here to help. Once the offer to purchase is accepted, the next
step is to contact us. We will handle the closing paperwork and title insurance.
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What will we do?
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Prepare closing statements
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Pro-rate real estate taxes
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Obtain special assessment information
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Obtain mortgage payoff statements
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Prepare the deed and state real estate transfer return form
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Record executed documents
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Fund the transaction
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Typical Seller Costs Include:
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​Owner's title insurance premium
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Transfer return tax
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Closing service fee
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Deed preparation service fee
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Seller's pro-rated portion of real estate taxes for current year
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Possible additional costs:
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​Overnight delivery costs or bank wire fees
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Special assessment letter fees charged by cities/townships
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Many of the fees listed above are based on the sale price of the property. Please call or email us for specific pricing regarding your transaction. You can find the contact information to your local office by clicking the button below!
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What is the first step?​
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Once the offer to purchase is accepted, give us a call!
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CLICK HERE to fill out our FSBO Worksheet that includes everything we will need to get started on your transaction. ​​​​
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How can we help you?
We are a team of experienced title professionals who are ready to make your home buying process as simple as possible.
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We will make sure that you have complete peace of mind while reducing your risk and protecting your property rights.
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How do we help protect your property rights?
Prior to closing on your home
(or commercial property, farm land etc.),
we will examine and verify the legal documents.
This is a complex process but it is extremely
important because it ensures the title can
be legally transferred to you.
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What are we looking for?
We are searching public and private records looking for:
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previous liens
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tax issues
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unpaid child support
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ownership disputes
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forgery or fraud
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other possible issues that could affect the property
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As you can imagine, this goes much deeper than a simple Google search. It's rewarding work because
we make sure to sweat the small stuff to give you the complete peace of mind that you truly deserve!
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How does this searching protect your property rights?
After our search, we then offer you an owner's title insurance policy to help protect your property rights.
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Your mortgage lender will require you to purchase a "loan policy" to protect their financial interest in
your home, but only an owner's title insurance policy protects your interests in the home. Owner's title insurance has a one-time fee, and protects you for as long as you own your home.
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