As-is Earnest money deposit Finance Proof of funds 
CT Homes
MAY 29, 2020
The earnest money deposit should be substantial and submitted to escrow within 72 hours of offer acceptance or sooner. While cash sales typically close quicker than traditional financed offers, there should be no rush from the buyer’s side to close escrow. Access to Capital. Proven track record.
Dwell Real Estate
JANUARY 30, 2020
When an offer is submitted, seller's prefer to see proof of funds and/or a pre-qualification letter to be sure they are dealing with a qualified buyer. Submitting the proof of funds or pre-qualification letter with the offer makes you a stronger buyer in the eyes of the seller. Season is officially upon us.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
The Close
FEBRUARY 14, 2024
So, let’s turn up the brightness and shed some light on the real estate industry. Setting the Right Expectations Myth #1: Going With the First Buyer Is Rarely the Best Choice After navigating hundreds of real estate deals, I can confidently say that your first offer is nearly always the best. This is one of the top blunders your sellers could make.
HomeLight
SEPTEMBER 30, 2020
You’re finally ready to purchase a home and after doing some research online, you think that exploring your options around how to buy a HUD Home might be a good fit for your lifestyle and finances. But when you open up the HUD website, you realize this experience is very different from browsing for homes on a popular real estate portal.
HomeLight
APRIL 30, 2021
Buyers using financing and putting down 20% or more. Buyers using financing and putting down between 10% and 19%. If you’re using cash, you’ll have to show proof of funds with your offer. Homes fly off the market in days, not weeks; offers go well over asking price; and bidding wars are increasingly the norm.
HomeLight
JULY 31, 2021
The bills are stacking up or perhaps you lost some income recently, and the money tied up in your home would help a ton at a time like this. turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. What you have is a house. What you need is cash.
HomeLight
MAY 24, 2022
If you only pay cash for the down payment, and take out a mortgage for the remainder of the purchase price, it keeps more money in your pocket. But other than reaching the closing table faster with cash, another advantage to a cash offer is that it saves you money long-term. Why pay cash for a home? Why does it take this long?
Expert insights. Personalized for you.
101 
Let's personalize your content