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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 was the longest distance a building has ever been moved?

A 
Detroit's five-story Gem Theater, built in 1927, was moved 1,850 feet (5 blocks) to make way for two new sports stadiums.
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Lisa Goodfellow, REALTOR®, real estate agent and broker for Deep Creek Lake, Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

Lisa Goodfellow
Goodfellow Real Estate Services, LLC

19567 Garrett Highway
Deep Creek Lake
Oakland, MD 21550
Cell: 301-616-5472
Office: 301-387-5472
Fax: 301-387-3379
Lisa@GoodfellowDCL.com

Specializing in Deep Creek Lake, Maryland since 1986! The pursuit of the vacation home, future retirement or rental investment is a wonderful opportunity. Specializing in helping you find your Deep Creek Lake property with over 22 years of experience in the Second Home Market, I FOCUS on client and customer service.

Equal HousingGRIMLSREALTOR


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