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Mr. Prop-B-Gone · 06-23-2013, 10:35 PM

I did it many years ago and it went smoothly. When I had a solid buyer I brought him to the bank to qualify him, and he was able to get the mortgage, so we sold the house to him and even split the cost of the rental for a truck to move. The bank was helpful in making sure we dotted all the Ts and crossed all the Is.

But in this day and age I think buyers are happier dealing with an agent. With my last home selling it was not a requirement to get a mortgage on the new one, so I tried a FISBO for a month, with no takers. It was a nice, 2 yo ranch, but it had a steep driveway, so the potential buyers who looked at it were not interested. After 30 days I listed it with the agent that found us the new home, and sold it in 2 months. Closed on the day I would have had to start making 2 mortgage payments. Whew!

06-23-2013, 10:35 PM	#5
Mr. Prop-B-Gone Senior Member Join Date: Jan 2007 Posts: 106 Thanks: 4 Thanked 30 Times in 17 Posts	I did it many years ago and it went smoothly. When I had a solid buyer I brought him to the bank to qualify him, and he was able to get the mortgage, so we sold the house to him and even split the cost of the rental for a truck to move. The bank was helpful in making sure we dotted all the Ts and crossed all the Is. But in this day and age I think buyers are happier dealing with an agent. With my last home selling it was not a requirement to get a mortgage on the new one, so I tried a FISBO for a month, with no takers. It was a nice, 2 yo ranch, but it had a steep driveway, so the potential buyers who looked at it were not interested. After 30 days I listed it with the agent that found us the new home, and sold it in 2 months. Closed on the day I would have had to start making 2 mortgage payments. Whew!