For Sale By Owner (FSBO) properties are real estate transactions where the homeowner sells their property without the representation of a real estate agent or broker. While you may save on commission fees, the legal and financial complexities of closing a real estate transaction still require professional assistance.
A title company ensures that the property title is clear, handles escrow, manages the closing documents, and provides title insurance to protect both the buyer and seller. Without these protections, both parties are exposed to significant risk.