1. If I don't use a real estate agent what is the least expensive method/process to sell by owner?
2. Range of total expenses such as
XXX title company
YYY lawyer
any other costs such as needed closing costs to the bank, inspections etc.,,,?

Value of home near Willis is about $253,000 but will need about $20,000 of work (needs new roof & AC unit) 1,500 square feet
Home built 2004
Nice subdivision with HOA
So selling as is about $233,000

TIA

BartInLA said:

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1. If I don't use a real estate agent what is the least expensive method/process to sell by owner?
2. Range of total expenses such as
XXX title company
YYY lawyer
any other costs such as needed closing costs to the bank, inspections etc.,,,?

Value of home near Willis is about $253,000 but will need about $20,000 of work (needs new roof & AC unit) 1,500 square feet
Home built 2004
Nice subdivision with HOA
So selling as is about $233,000

TIA

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I know there's a feeling that you're saving money without using an agent but I would tell you that in this market, you're to get worked hard for a house in that condition without an agent.

Use Red Pear or somebody that has low costs of business and you'll be super glad you did.

I'm not an agent just a regular guy who has sold 5 houses.

1. Owner's title policy. Rates here: https://www.tdi.texas.gov/title/Titlerates2019.html
2. Prorated taxes to the date of closing.
3. Buyer's realtor fees (typically 3%).
4. Remaining balance of loan, if any.

Prediction: you're going to try to sell by owner during the prime summer season. You won't get any showings (except for investors offering 50% of list price) and it won't sell for 6 months. Then you'll decide to get a realtor in the middle of December who will advise you that the housing market has crashed, it's the most lopsided buyers market in 20 years, you're selling in the worst time of year even in a good market, and that if you want any showings you'll need to list it below $200k.

Right now, the buyer pool in Houston is very limited and buyers can be very selective on the homes they choose to make offers on and purchase. If the home needs any kind of work, whether structural (like yours) or even cosmetic (aging finishes), buyers (the ones that are remaining with 7% rates) are passing over it. Cash seems to be scarce right now and those that have it rule the roost. So the likelihood that someone pays you full market value less actual cost of repairs is almost zero. A buyer is going to want some reasonable incentive in the form of pricing discount to market value less the repairs. I'd love to help you sell it (and we do that for just 1.5%) but either way, the best thing you can be right now is realistic. You don't want to look up in 6 months and the market is in an even worse place than it is now because you weren't informed about the situation and honest with yourself about it.

Good luck finding a buyer that can close on a house needing a new roof.