Remove Bankruptcy Remove Due diligence Remove Finance Remove Short sale
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Eliminating Stringent Contingencies: How to Make a Contingent Offer Stronger

HomeLight

That’s why financed offers come with appraisal contingencies — the loan can’t clear until the home has been appraised and the lender knows they’re not lending you too much for the home. It’s difficult to fully circumvent the appraisal process when financing is involved, but these numbers aren’t necessarily a dead end. Buyer financing.

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How Long Does It Take to Close On a House With Cash in 2022? Here’s Your Timeline

HomeLight

Everyone involved will need time to perform their due diligence. While this typically takes just a few days, if the home has been through a foreclosure or short sale, it could take longer. The sale can’t close until these liens have been cleared. Bankruptcy. What if the seller has declared bankruptcy?

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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

Brian Martucci , a personal finance expert for Money Crashers , says that cash buyers tend to target the types of properties and sellers that reinforce the inherent advantages of their strategy. A 10-day closing translates as getting your home sold around five times faster than with a buyer who needs financing in today’s market.