Real Estate
FSBO Closing FAQs
Learn About the Real Estate Closing Process
This online resource will hopefully answer your questions about the for sale by owner real estate closing process. If you have any additional questions outside of what can be found here, simply fill out the contact form below. One of our CSS team members will be there to guide you through the for sale by owner closing process and answer any questions you may have along the way.
1
What closing costs should I expect in a FSBO transaction?
Costs include title insurance and fees for the escrow or closing agent, as well as transfer taxes, recording, survey and home inspection fees, among others.
2
Who chooses the title company in a FSBO transaction?
Whichever party is paying for the cost of title insurance is likely the party who selects the title company they’d like to work with for their particular transaction.
3
Who holds the earnest money in a FSBO transaction?
In a for sale by owner transaction, the earnest money can either be held by the seller or by a third-party, depending upon the terms of the purchase agreement.
4
What is the first thing to do to move my FSBO transaction to closing?
Step 1 is to provide us with a signed Purchase Agreement that has the contact information for both buyer and seller, then we can then start the process for you.