Dealing with Homeowners

[Don Konipol]

After 45+ years in real estate, I have come to a conclusion about owner occupied properties. Unless the home seller / buyer has extensive experience in real estate 

THE HOMEOWNER SHOULD NOT DO ANY REAL ESTATE TRANSACTION UNLESS HE UTILIZES THE SERVICES OF AN EXPERIENCED REAL ESTATE ATTORNEY. 

Period. This should eliminate the homeowner (1) selling a property while remaining liable for the note (subject to), (2) tying up his property with a "buyer" who has no intent to close unless he finds someone to pay a higher price (wholesaler), (3) paying above market rental for an option to buy that can never be exercised (4) purchasing a property from a fix n flipper who did shoddy rehab, (5) purchasing a property with nebulous legal title, (6) contracting for home improvement with a fly by night contractor who then puts a mechanics lien on the property and (7) "listing" with a wholesaler disguised as a Realtor who doesn't put the home on MLS.

What’s your opinion?