Recent FSBO-Related Press
Posted: March 9, 2006 10:07 am.
Check out Tues. Jan. 3, 2006 NEW YORK TIMES front page. FsboMadison featured in Real Estate article "
Owners’ Web Gives Realtors Run For Money."
MONEY MAGAZINE, March 2006, contains a very interesting article about mortgage rates, title and closing fees, entitled "
Snow Job". This is definitely worth reading if you are a buyer, and will be enlightening reading for any property owner. A team of Money writers investigated the closing costs for a group of owners on a particular street in St. Louis Park, MN. They found significant disparities in cost and a number of unidentified financial/ownership connections between real estate agents, title companies and mortgage providers. They pose a set of questions to use as guidelines for avoiding this type of situation when making financing and closing arrangements.
We have contacted Money Magazine twice to request permission/pay for a link to this article and have not heard back from them yet.