HomeLight

APRIL 30, 2021

A cash offer simply means you have all the money you need to buy the home in cash. If you’re using cash, you’ll have to show proof of funds with your offer. Mortgages are essentially really cheap for OPM — which is short for other people’s money,” explains top California real estate agent Jordan Clarke. Lack of liquidity.

Due diligence 99

Due diligence Finance Proof of funds Earnest money deposit 99

HomeLight

JULY 31, 2021

Value-add is the process of remodeling a home or complex to increase the value and add equity,” Shipwash explains. “In Harvell also suggests getting concrete proof that the buyer has purchased properties in their name as part of the vetting process. Verification of funds. Earnest money deposit.

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Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

MARCH 16, 2023

You’ll get speed and convenience in exchange for some of the property’s equity,” says Naumann. Home-buying companies generally pick up the remainder of closing costs that total about 8% including title search and title insurance. Ramcharitar recommends that Houston sellers ask for a non-refundable earnest money deposit.

Sales 64

Sales Purchase and sale agreement Earnest money deposit Investor 64

The Close

DECEMBER 29, 2022

It generally results in a higher interest rate or additional points, but it’s a way for homeowners to leverage their equity in a property. Chain of title is an historical record of previous owners of a property that’s essential in establishing the legal ownership of the property. Clear title. Earnest money deposit.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97