
FSBO meaning: For sale by owner, explained
Depending on whom you ask, the FSBO model can either save money or cost you even more.
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.
Buying your first home is scary, stressful and thrilling all at once. I couldn’t believe a bank was willing to lend a young, clueless me what seemed at the time like SO. MUCH. MONEY. The fact that it was a New York City co-op apartment, with all the esoteric rules and nerve-racking interviews that includes, made it even more surreal. I know firsthand how important it is to have a knowledgeable real estate agent to guide you through the journey — mine specialized in my neighborhood, knew the building I was buying in specifically, and saved me from making a million naive missteps. I’m happy to use my experience and skills to help others achieve their real estate dreams.
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
These homes are built in sections in a factory and trucked to your home site.
Living the island life in spectacular Hawaii is a dream — but it does not come cheap.
Is it time to break up with your real estate agent?
Find out which items in your house could last a century, and which will need to be replaced.
If you’re ready to downsize and build a tiny house, here’s how to get started.
Before listing your home for sale, consider whether a small local brokerage or a large national one will serve you best.
Joint tenancy is a legal way to title property when multiple individuals purchase it together.
Cryptocurrency plays almost no role in real estate today, but change may be on the horizon.