Sunwest Escrow, INC.

If you are selling your home in Albuquerque, you may be wondering whether you should consider owner financing, or using an escrow company. The options for selling your home can be confusing, and you should weigh all of your options. Is Listing Your Home For Sale By Owner Worth It? Owner financing is like any other type of financing - it’s great if the situation calls for it. Many people are nervous about putting their house for sale by owner, but there are a lot of homebuyers who are specifically looking for homes utilizing an escrow company along with owner financing. If the situation is right, owner financing is a great option! Selling your home by owner is a very similar process to using a realtor. What Documents Are Needed To Sell Your Home By Owner?  Just like traditional listings, you will need a mountain of paperwork to sell your home by owner. Make sure you have all financial and legal documents in order before you list your home, just like you would if you hired...

Sunwest Escrow of Albuquerque, New Mexico has been servicing real estate contracts and owner financing for over 30 years. In that time we have learned quite a bit about ‘For Sale by Owner’ home purchasing and FSBO contractual agreements. As industry experts, our extensive experience in ‘ For Sale by Owner ’ buying exchanges can save you time, money and the frustration of navigating this somewhat complex home-purchasing experience. Here is some important information the team at Sunwest Escrow would like to share with you before you pursue a home that is ‘For Sale by Owner.’ Have you fallen in love with a home that is ‘For Sale by Owner’ and you’re not really sure what to do next? You might have a lot of unanswered questions about the difference between FSBOs and a home listed through a real estate brokerage firm, starting with, is this FSBO home something that I should follow up with or should I stay clear of the home all together? Buying a FSBO is just like buying any other property…s...

"For Sale By Owner" — You’ve surely seen these signs throughout Albuquerque and surrounding communities. However, you may have only learned about this home-selling method from the perspective of the buyer or an escrow agent. At Sunwest Escrow, we believe that all homeowners should be informed of this option before they even think about selling their home. By examining the advantages of listing a home without the traditional help of a real estate company, you can discover the benefits of For Sale By Owner  from a seller’s point of view. Why Sellers Use "For Sale By Owner" Options? There are many reasons why these individuals choose to forego help from a real estate company, including: ●         They want to save on real estate broker commission fees. ●         They will allow the buyer to choose owner financing. ●         They need a quick, short sale of their prope...

If you have discovered that the home of your dreams is listed as a For Sale By Owner Albuquerque property, you will need to understand how this real estate transaction is different from a home sale aided by a real estate agent or brokerage firm. The team at Sunwest Escrow has been helping For Sale By Owner sellers and buyers navigate their way around this process for years. We have created a helpful set of guidelines that will aid you as you buy a home that is listed as For Sale By Owner. Step #1: Decide if you need to hire a real estate agent. Just as the owner can sell their house without a real estate agent or brokerage firm, the prospective buyer can also enter into this process without representation from a real estate firm. Step #2: Determine if you need legal representation. Depending on the state, laws may require the seller or buyer to have legal representation during a For Sale By Owner transaction. Step #3: See if you can get pre-approval for your mortgage....

Now is the perfect time to sell your home.   Instead of using a real estate company, homeowners can work with an escrow agent to quickly and conveniently sell their property. Sunwest Escrow, New Mexico’s most trusted escrow company, believes that many homeowners can benefit from For Sale by Owner Albuquerque listings. Why You Should Go for Sale By Owner? 1: You Know Your Neighborhood Better Than a Realtor You’ve lived in your home for years, maybe even decades. Not only do you know the ins and outs of your home, but you also know the community and the neighbors. For homebuyers, “the perfect home” is much more than just the home itself. Buyers want the home of their dreams to be in a neighborhood that aligns with their needs, values, and lifestyle. A realtor may know the area, but unless they’ve lived on your street, you as the homeowner are the expert in this field. 2: You Don’t Need to Spend Money on a Service You Can Accomplish Yourself Today’s technology gi...

The typical real estate transactions used to involve a homeowner hiring a real estate professional to sell their home. Today, we find ourselves in an evolving market that no longer needs this representation. Instead, those selling their homes are electing to complete these transactions without a realtor. 3 Advantages of Sale By Owner The For Sale By Owner process is a commission-free means of completing a real estate transaction. There are many advantages to the FSBO process that have made it an appealing option for sellers that wish to complete the transaction without paying for services they could execute alone. 1. The seller saves money. When you employ the services of a real estate agent, you’re required to pay them a percentage of the sale as a commission. This fee could be upwards of tens of thousands of dollars. For instance, if your agent charges a 6 percent sales commission on a $500,00 sale, you’ll end up paying them $30,000. A For Sale By Owner sale elimin...