Housing Wire
DECEMBER 8, 2023
Have the best, most-detailed lender’s letter or proof of funds so your offer won’t be tabled because it’s too vague or boilerplate. Ultimately, every homebuyer prospect, every contract and every negotiation is different, but your value should be consistent for all situations and clients.
HomeLight
OCTOBER 30, 2020
Selling a house “as is” without inspection is the definition of driving a hard bargain. As for whether you can sell a house as is without inspection — the answer is yes, it’s possible and does happen. Why ‘as is’ doesn’t always mean no inspection. However, a buyer could still include an inspection contingency in the contract.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
HomeLight
SEPTEMBER 9, 2020
Once you’ve figured out where the money is coming from, it will be easier to take the next step: getting proof that you have the cash. Obtain proof of funds from the bank. Providing a proof-of-funds letter is more secure than forking over a bank statement, which contains sensitive information. Find your house.
HomeLight
JUNE 29, 2021
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. When it comes to offers on your home, cash is king for a reason. While all-cash offers used to be relatively rare, they now make up 25% of all home sales. Good question.
HomeLight
JULY 31, 2020
This is important: if your real estate agent puts in an all-cash offer on your behalf, they will not include a financing contingency. The seller makes decisions based on the terms of your offer, including contingencies. (No Graves points out that other contingencies are also optional with an all-cash offer.
Point2Homes
SEPTEMBER 30, 2021
Real estate transactions often feature contingency clauses that allow both parties to back out of the sale under the circumstances stipulated in the contract. One common type you’ll encounter is a sale and settlement contingency. Signs of potential delays, scams or suspicious offers should all raise red flags.
HomeLight
OCTOBER 20, 2022
Even if you did a pre-inspection, the buyer will almost certainly do a home inspection – particularly if there are any inspection contingencies in the offer or if the lender requires it. DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes, not legal advice. Latest tax statement.
Expert insights. Personalized for you.
388 
Let's personalize your content