When a California Seller decides to FSBO sell, his transactional job consists of:
- Acceptance, rejection or counter offer to Buyer's Offer
- Determining Seller Closing Costs at the inception of the transaction
- Providing all required seller disclosures including Seller Transfer Disclosure Statements and Supplement, Natural Hazard Disclosures, lead paint disclosures, smoke detector and hot water heater bracing disclosures, and so on
- Procuring a professional Natural Hazard report and home warranties, if offered
- Obtaining city inspection reports, if required
- Reviewing the preliminary title report to ascertain additional seller disclosure issues
- Setting dates for performance of seller and buyer obligations and for release of those obligations.
- Obtaining release of buyer contingencies
- Coordination with escrow and review of closing statement
The documents required are often very difficult to come by. Usually, you will have to hire a lawyer to facilitate the sale, but there are a few websites that provide up-to-date forms for a fee. For instance, https://msullivan.com/collections/fsbo-for-sale-by-owner.