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What to Look for When Buying ‘For Sale by Owner’ Properties

With most purchases in life, you can get a better deal if you cut out the middle man. This is true for buying real estate as well. If you buy a home listed as ‘for sale by owner,’ you may be able to negotiate a better price, since the owner doesn’t have to pay commission to a real estate agent. However, buying property this way can have it pitfalls too, so you shouldn’t go into it blindly. To be sure that you’re covering all your bases, here’s what you need to know when buying ‘for sale by owner’ properties.

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