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Cash offer startup Accept.inc raises 90M in debt and equity

Housing Wire

Led by venture capitalist firm Signal Fire as well as existing seed investors Y Combinator and DN Capital , Accept.inc said it plans to use the funding to scale its platform, double its team size and enter new markets. If the all-cash offer wins, the home is purchased from the seller and reserved until the loan is ready to close.

Equity 324
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9 Warning Signs When Selling Your Home

Point2Homes

The Buyer Is Not Pre-approved for a Loan. Although buyers are not required to be pre-approved for a loan in order to buy a house, expecting them to be is perfectly reasonable. As a seller, you will save valuable time when dealing with pre-approved buyers. Lots of Viewings, but No Follow-ups.

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Buyers Paying Over Asking Price? Get an Appraisal Gap Guarantee

HomeLight

But if the home appraises low (below the purchase price), the buyer will have difficulty securing a loan for the property without bringing extra cash to the sale or renegotiating the price. They may also use gift funds from family members to make up the difference. Source: (Valmedia / Shutterstock). What is an appraisal gap?

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Tempted by a Cash Offer for Your Home? Dissect It With This Guide

HomeLight

Your sale is more likely to close and close faster with a cash offer than with an offer that hinges on a mortgage approval. This means that the buyer has the funds to purchase the home in full. A cash offer may come from a homebuyer with liquid funds who wants an edge over the competition. OK, but what exactly is a cash offer?

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How to Sell a House to a Friend So No One Feels Cheated: 11 Do’s and Don’ts

HomeLight

They help clients save money by representing both sides and a pre-arranged discount.”. Not all states require you to hire a real estate attorney to buy or sell real estate, but it’s almost always advisable to get legal representation in a sale among parties with a pre-existing relationship. This place is gorgeous! Single Family Homes.

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Wait! Read This Before You Sell Your House for Cash

HomeLight

Ask for proof of funds: You should always obtain documentation that a person or company is who they say they are and actually has the funds and abilities to complete a transaction of this size. Plus, you’ll save money on things like commissions, repairs, and closing costs.”. Are cash-for home companies legit?

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What’s Required to Sell a House Without a Realtor?

HomeLight

Many FSBO sellers will purchase a pre-listing appraisal. The buyer’s lender will probably require their own appraisal as part of their loan approval process. Pre-inspection. Getting a pre-listing inspection can facilitate a quicker sale because it eliminates surprises – and gives the seller time to fix major flaws.