Tom Miller - THE FOR SALE BY OWNER GUIDE

through results in a nonacceptance by the buyer, there might be some renegotiation.

POINTS TO REMEMB O REMEMBER:

• Negotiations can involve many details besides price. • After accepting a buyer’s offer, expect additional hurdles, including the buyer’s loan application, credit report, and various inspections. • Real estate contracts often require a real estate attorney. • Consider using an attorney, even when not required. • The seller provides an updated abstract for the buyer. Title companies provide title insurance. • Real estate transactions are complex and risky. There is no substitute for professional advice.