i understand that that the youngs bought the house directly from the owner. i don't know if that meant that the youngs didn't have a broker representing them or just the seller didn't list the house with a broker.
i wonder whether the previous owner was eager to sell the house and
carried the loan for the youngs.
wasn't it said that michelle's co-workers felt like michelle and jay were living beyond their means?
imo
Either scenario is possible honestly. We sold our last home FSBO and were working with a couple who had an agent. It was handled like any other real estate transaction I've ever been involved in. I know that sometimes in a FSBO the owner will provide "owner financing" but that is not the norm in my area of NC. It happens to be sure, just not as often as getting a good old mortgage directly from a bank/lender.
If they were living like so many newly married couples, paycheck to paycheck, then a mortgage payment on $389k could be painful.