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A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
As newspapers showed classified ads to advertise homes without being licensed by the state, ForSaleByOwner.com should not be required to obtain a broker's license to show homes online. [3] Finding the licensing requirement "wholly arbitrary", the Federal District Court granted summary judgment in favor of the ForSaleByOwner.com. [ 4 ]
In April 2013, it made a $100-million-plus purchase of 1,400 Atlanta homes from Building and Land Technology. [7] From August 2012 to June 2013, Invitation Homes purchased 1,650 homes in the Tampa Bay Area for over $250 million. [8] In June, 85% of Tampa Bay online listings by Invitation Homes were above the area's average rent of $1,200. [8]
The rate on the popular U.S. 30-year fixed-rate mortgage will average around 6.0% next year and help to boost new housing construction and stimulate demand for previously owned… NBC Universal 15 ...
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