Purvis & Co. PLLC
A Highly Experienced Law Firm Serving Real Estate and Litigation Clients In The Mississippi Gulf Coast Region
228-206-5540 London/UK: 4420 3769-1057
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Gulfport Mississippi Business & Real Estate Law Blog

Considering FSBO? Here’s what sellers should know.

Some homeowners hire a realtor because they do not want to deal with the stress of selling their home while buying another. Meanwhile, others want to avoid working with a realtor to make the process less complex and increase their profits from selling.

If you are considering selling your home through the “for sale by owner” (FSBO) strategy, there are a few things you should consider before moving forward.

How much information does a prospective home buyer need?

After living in your home for a few years, you’re used to its quirks. The squeaking floorboard by the stairs probably doesn’t bother you anymore, the rear left burner on your stove no longer lights and you have to allow twenty minutes for your bath water to heat up after your spouse showers.

Despite how endearing you find those things that give your home character, not everyone will appreciate them. Before you put your home on the market, consider what will be important to someone else when they think about buying your house. And how will you command the best possible sale price, yet make potential buyers aware of the unseen problems with your property?

Things to consider before selling your home

Whether you’re looking to downsize now that everyone has moved out, making room for an expanding family, or just looking for a change of scenery, you might be considering selling your home. It’s an exciting prospect. It can also be a headache.

There are so many rules and regulations to keep track of, a dizzying array of disclosure requirements, contractual language and terms, financial pressures – it’s a lot. Especially if you want to list it as for sale by owner, rather than going through a real estate agent. Before you make the leap, here are some things you might want to consider.

Understanding due diligence in commercial investments

Business owners know that location can be an essential ingredient for their commercial success. And there are many elements to consider when choosing and purchasing the right property to expand your business. So, it is essential for business owners to understand their due diligence to help the process go smoothly.

Should you keep or sell an inherited property?

If you are faced with this major financial decision while you are grieving, it may be one of the most difficult. How do you know whether you should keep the property or sell it?

When families unexpectedly inherit real property, such as a house, there are a surge of emotions that can cloud their judgement or lead them to decision they may regret in two years.

How to Help After the Recent Hurricanes

Our hearts and prayers go out to the survivors of Hurricanes Florence and Michael. As residents of the Mississippi Gulf Coast, we have lived through many hurricanes - some worse than others - and are well aware of the emotional, financial and physical damage which lingers long after the storms have passed. We know the recovery process will be long and tiresome, and we encourage everyone to donate, in any way possible, to the relief efforts underway for the communities impacted by these hurricanes.

Mistakes to avoid when selling your house

Selling your house can be exciting. You might soon be opening a new chapter of your life in a new place. However, the process of selling property before this new beginning can be long and somewhat grueling. There are many aspects of real estate sale that you will need to consider.

Putting your house on the market is complicated and there are actually many common mistakes people make. Here are three typical mistakes people make when selling their homes and how you can avoid them.

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