FSBO meaning: For sale by owner, explained
Depending on whom you ask, the FSBO model can either save money or cost you even more.
Hire a real estate attorney for any home sale or purchase, even if your state doesn’t require you to. The contracts are complex, and the stakes are high — it’s worth the extra cost to make sure everything is legally buttoned-down.
— Michele Petry
About the author
Michele Petry is a senior editor for Bankrate, leading the site’s real estate content since January 2022. Before joining Bankrate she was a writer and editor for StreetEasy, Zillow’s New York City real estate site. Before that, she amassed 20 years of experience on staff at national magazines, honing her skills editing home-based content at House Beautiful, Elle Decor and Veranda (among other titles). Michele earned her journalism degree from Syracuse University’s Newhouse School of Public Communications and is a member of the Society for Advancing Business Editing and Writing (SABEW) and the National Association of Real Estate Editors (NAREE). She lives in Manhattan.
Hire a real estate attorney for any home sale or purchase, even if your state doesn’t require you to. The contracts are complex, and the stakes are high — it’s worth the extra cost to make sure everything is legally buttoned-down.
— Michele Petry
Depending on whom you ask, the FSBO model can either save money or cost you even more.
When a home is for sale, an open house can bring in as many potential buyers as possible.
Counter-offers are a key part of the real estate negotiation process.
Should you buy a home? Or keep renting? We weigh the pros and cons of each.
Selling a home is complicated enough without having to worry about a lien. Here’s what to know.
Buying land is different than buying a house.
Be prepared for closing day with this checklist.
The term single-family home seems self-explanatory, but there’s more to it than you think.
72Sold promises to sell your home in just 8 days, for around 10 percent more than other homes.
Return on investment, or ROI, is the amount earned after deducting all associated costs.
Many factors impact how much you can afford to spend on a house.
We break down how much you need to earn to afford a $250K purchase.
Your high salary will likely be able to buy you a more expensive home.
Commercial real estate loans work differently than residential mortgages.
How a parent can buy a house for an adult child just starting their career.
A Bankrate writer shares tough lessons she learned after inheriting her mother’s house.