CT Homes

OCTOBER 30, 2020

It’s extremely important that you do your due diligence on every interested buyer that submits an offer. Any worthwhile investor is going to walk the property and know exactly what they are buying before closing. If they are offering cash make sure they submit an updated proof of funds letter. Inspections.

Earnest money deposit 78

Earnest money deposit Inspection Proof of funds Due diligence 78

HomeLight

MAY 8, 2024

Local and national investors, who often transact in cash, see the value in the city’s stable growth. Agents have established networks and often know investors interested in buying homes for cash. Roughly 15% of Denver homes sold between early 2021 and late 2022 went to investors — an estimated $9.5 billion worth of real estate.

Proof of funds 94

Proof of funds Due diligence Investor Agents 94

HomeLight

APRIL 5, 2024

Local and out-of-state investors have shown keen interest in the Sooner State due to its comparatively low home prices and promising income potential. Many agents maintain a Rolodex of investors for instances when a property just won’t sell, or the condition makes it unfit for listing on the open market.

Proof of funds 92

Proof of funds Sales Due diligence Investor 92

HomeLight

AUGUST 31, 2021

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. Ask for proof of funds and EMD. Check their BBB rating. Request Cash Offer.

Proof of funds 144

Proof of funds Investor Due diligence Closing 144

HomeLight

MARCH 13, 2023

We’ve gathered insights from top real estate agents and investors to create this guide navigating Orlando’s cash home buyer market so you can sell your property in as fast a timeframe as you require. But Orlando’s cooling real estate climate with interest rates that nearly doubled since last year has taken its toll on investor activity. “In

Sales 76

Sales Investor Due diligence Renovation 76

HomeLight

AUGUST 24, 2022

In addition, 34% of Florida housing units are occupied by renters, so the state remains a hotspot for investor activity. Niakin says that most agents have a broad network of active investors. Do your due diligence. Before signing an offer, ask for proof of funds. How to request a cash offer in Florida.

Purchase and sale agreement 103

Purchase and sale agreement Title search Proof of funds Title 103

HomeLight

MARCH 13, 2023

This demand for affordable housing sets the scene for real estate investors. The state’s landlord-friendly rules and regulations further encourage investors. There are also national iBuyers who tend to pay more than investors and “we buy houses” companies because iBuyers look for homes in better condition. 70) – repair costs.

Sales 66

Sales Investor House Flipping Pre-approval 66

HomeLight

MARCH 16, 2023

The Greater Houston area is expected to continue being a hot investor marketplace this year as its 7.2 Learn more: 7 of the Top We Buy Houses for Cash Companies in Houston However, first-time or fair-weather investors facing high interest rates and inflation have created some challenges in the Texas market.

Sales 63

Sales Purchase and sale agreement Earnest money deposit Investor 63

HomeLight

JULY 31, 2021

The main method is to request a cash offer from an investor or cash-buying company that will likely purchase your home “as is.” Your buyer could be an investor who plans to turn your home into a rental, an iBuyer (instant buyer) that provides quick offers online, or a house flipper who plans to remodel and resell the property for a profit.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

OCTOBER 1, 2022

Wall adds that one thing to look out for at this stage is the presence of real estate investors. “If If you get four or five offers early on after listing your home on the market, and you’re noticing a majority of them are investors, be careful,” he cautions. Investors can’t pay retail price. Otherwise, you risk getting burnt.

MLS 89

MLS Pre-approval Agents Sales 89

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. If you want to work with real estate investor clients, read our own Sean Moudry’s simple, yet thorough run down: “ How to Explain 1031 Exchange Rules to Your Clients.” Due diligence period.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98