
By Katie Wainman
When buying a home, it can be tempting to do so without using a real estate agent. You think, "Can they be trusted?", or "If i can do it on my own, why not?". However, going into the home-buying arena on your own can present many risks that can damage your bank account, your change at a dream home and your future investments. Keep reading to learn more about the risks of buying a home without using a real estate agent.
Unless you are extremely knowledgeable about market trends and home appraisals, you are probably going to overpay on a home if you don't have a real estate agent guiding you. Oftentimes, homes that are For Sale By Owner (FSBO) are overpriced to begin with. Sellers can easily overestimate the value of their home, and if you aren't...