I have been house hunting for over a year, live outside of Boston. I've been outbid several times and can't find the "right" house. Just this past weekend we found a "right enough" house and are planning to purchase directly from the owners (below the estimated Zillow price). I have a RE lawyer who has been helping with various aspects, but wondering what things I need to be mindful of?
A few key pieces of info to consider: we're putting 20% down, we have outstanding credit, we're pre-approved for a 30-year mortgage at 4.75% (bad but not terrible). We're waiving an inspection, but the home was bulit in 1992 and has been in the hands of the original owners since then - as I've been house hunting for so long the only concern I have is I saw some 'debris' in one corner of the basement that could've been mouse poop, but could also be dead bugs (that said, it's not a lot and it looks ancient). All systems have been recently updated. House is on well water and septic, they passed the title V permitting.
Over the past year, we've been relying upon Redfin. As far as I can tell, I never signed anything to say they'll be my sole representative - does anyone know if I might be breaking a contract by doing this purchase without my realtor?
Thanks!
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source https://www.reddit.com/r/RealEstate/comments/ubi9xa/im_a_buyer_doing_a_fsbo_any_advice/
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