HomeLight

MAY 24, 2022

Even though it’s all cash to the sellers at closing, with a cash offer, “you don’t have to go through the appraisal or the bank approval process — it’s cleaner.”. A cash buyer can skip everything related to a mortgage, from the home appraisal to income verification, which saves them a ton of time. Title search: 3 days.

Purchase and sale agreement 108

Purchase and sale agreement Closing Title search Title 108

HomeLight

SEPTEMBER 16, 2021

A ‘cash offer’ simply means the offer does not include a financing contingency — in other words, it’s not dependent on the buyer being able to secure a loan.”. While the use of all-cash eliminates the need for a lender-ordered appraisal, some buyers may still request to have the house appraised before closing. Clear title.

Title 103

Title Inspection Proof of funds Investor 103

HomeLight

MARCH 13, 2023

More certainty: With a pre-offer walk-through, a cash home buyer can generally provide a firm cash offer that comes with few contingencies, or no contingencies at all. Less hassle: You won’t need to worry about showings, open houses, fielding offers, negotiating, low appraisals, or the buyer’s financing falling through.

Sales 89

Sales Investor Due diligence Renovation 89

HomeLight

JULY 31, 2021

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. They look for motivated sellers who want to close quickly and avoid the potential complications of financing or sale contingencies, even if it means accepting a lower offer price,” he explains.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

FEBRUARY 16, 2023

House Heroes further vets itself by providing a proof of funds bank statement. More certainty: With a pre-offer walk-through, a house-buying company can provide a firm cash offer that comes with few contingencies, or no contingencies at all. Closing costs: Sellers pay no closing costs; House Heroes charges no fees.

Purchase and sale agreement 90

Purchase and sale agreement Closing costs Closing Investor 90

HomeLight

NOVEMBER 21, 2022

Once you’ve collected data for sold houses, revise or restart the search to view active and pending listings, as well. Invest in an appraisal. If you want to reduce guesswork further, top agents recommend paying an appraiser to provide a professional opinion of value for your home. Require everything in writing.

Purchase and sale agreement 84

Purchase and sale agreement MLS Pre-approval Agents 84

The Close

DECEMBER 29, 2022

Active contingent. To help your clients understand contingencies, use the word “conditional.” ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Clear title. Appreciation.

Purchase and sale agreement 98

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

HomeLight

MARCH 16, 2023

More certainty: With a pre-offer walk-through, a cash home buyer can typically provide a firm cash offer that comes with few contingencies, or no contingencies at all. Less hassle: You won’t need to worry about showings, open houses, fielding offers, negotiating, low appraisals, or the risk of the buyer’s financing falling through.

Sales 72

Sales Purchase and sale agreement Earnest money deposit Investor 72