Midway Real Estate

Neighbors recently sold a house by owner?

A couple with 2 kids just recently sold their house by owner and did not go through a real estate broker. They keep coming back to that house every now and then. What’s going on? Why they keep coming back. I thought they shouldn’t be back if the house was sold and the new family living in it. are they trespassing? What gives? I do not know that much about selling houses by owner.

Whether the house was sold by the owner or by a Realtor makes no difference in terms of the activity you’re describing. Perhaps they made some kind of deal with the buyers that explains their behavior. For example, they may have agreed to hold the mortgage on the house until the buyers are able to sell their old house. As mortgage holders, the sellers may be checking to make sure that their loan collateral (the house) is okay. It’s also possible that the two couples just became friendly during the transaction and they’re over there to socialize!

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