Titles for Homes for Sale by Owner in Metro Detroit
There are a lot of financial and legal considerations you must attend to when selling your own home. Fortunately, Title One can support you as you navigate this situation.
Over the past three decades, we’ve provided titles and other related services for thousands of homes that were for sale by owner in the Metro Detroit area. Call or visit one of our three office locations today to see how our team can partner with you as you sell your home.
Our Services for Homeowners
Whether you’re buying or selling a home independently, Title One can provide you with the title, closing, and other services you need to make your real estate transaction a success. Call or visit one of our offices today to see how we support homeowners in the Metro Detroit area.
FAQs About Homes For Sale by Owner in Metro Detroit
Selling your home can prompt many questions. The Title One team is here to answer these questions and help you navigate the sale of your home without the use of a real estate agency. If you have any questions about this process, call or visit one of our office locations today.
During the closing process on a home that is for sale by owner, the seller must provide the following documents to the buyer:
- Purchase Agreement
- Seller Disclosures
- Any Addendums to the Purchase Agreement
- Any requirements listed on the commitment, including but not limited to:
- Certificate of Trust(s) (for Trusts)
- Operating Agreements, Resolutions (for LLC’s)
- Articles (for Corporations)
- Mortgage Information Release Authorizations (For Payoffs)
If you’re selling your home, Title One provides a FSBO Package to the buyer and seller. Call or visit one of our offices today to get started on this process.
As a seller, listing your home as for sale by owner could potentially offer a variety of benefits including:
- Time and cost savings
- More involvement in the sale
- Personally choosing the buyer
To further explore the benefits of selling your own home, call or visit one of our offices today.
Along with traditional mortgages, homes that are for sale by owner may be financed with a land contract. This type of agreement between a buyer and seller allows the buyer to make payments on the home directly to the seller.
The seller holds the title of the property until the buyer pays it off completely. Title One can help you draft this type of agreement. Call or visit one of our offices today to learn more about land contracts for homes that are for sale by owner.