Bankruptcy Earnest money deposit Option period Proof of funds 
HomeLight
MAY 24, 2022
The seller needs to verify that the cash buyer has the money to buy the house: 24 to 48 hours. Without a lender to verify funds, the seller will likely request proof of funds and earnest money from the buyer. Submit earnest money: 1 day. Bankruptcy. Option periods.
HomeLight
MARCH 16, 2023
Investors offer alternatives to foreclosure and bankruptcy About 60% of sellers who contact Ramcharitar are behind on their mortgage payments. While some homeowners opt for foreclosure in a distressed situation, others decide to declare bankruptcy. The buyer does due diligence during the option period in Texas.
Expert insights. Personalized for you.
105 
Let's personalize your content