: Communicate clearly with the owner on repairs and price. Key Benefits

: A detailed breakdown of all costs and credits.

: For any personal property (appliances, furniture) included.

: Sellers may drop the price without agent commissions.

: You get first-hand info from the person who lived there.

: A real estate lawyer handles the legal contracts.

Buying a home "For Sale By Owner" (FSBO) can save money, but it requires more legwork since there is no seller's agent to guide the process. Essential Steps for FSBO Buyers : Know your budget before viewing homes.

: Ask for a formal property disclosure statement.