Even if you’re related to the person you’re buying the home from, you should have an attorney review the sales price, closing timeline and details about who is paying which costs to avoid legal problems down the road.
Be careful if you’re buying a for sale by owner (FSBO) home. Even if you’re related to the person you’re buying the home from, you should have an attorney review the sales price, closing timeline and details about who is paying which costs to avoid legal problems down the road. It’s best to pay for a title insurance policy to protect yourself against any potential claims against the owner of the home you’re buying.