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Updated over 3 years ago,

User Stats

141
Posts
72
Votes
Christopher Davis
  • Rental Property Investor
  • Boulder, CO
72
Votes |
141
Posts

FSBO and whether TN is an escrow or attorney state for transactio

Christopher Davis
  • Rental Property Investor
  • Boulder, CO
Posted

Hi, I'm reading about the ins and outs of FSBO, (I'm the owner) and read something about whether or not you need to have an escrow agent or attorney to conduct the transaction, depending on your state. (Tennessee)

Just curious what this means...

I've bought a couple homes and in the standard transaction we only had the title company conduct the transaction. In this case I will hypothetically sell directly as owner without an agent.

Is the title company the escrow agent? Or is that something different? Do I need an attorney? (assuming nothing complicated involved.)

Thanks for any insight.