Banks Due diligence Inspection contingency Seller disclosure 
HomeLight
MARCH 13, 2023
Reiner advises asking for proof of funds such as a bank statement to ensure the buyer has sufficient resources to close the deal. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts. The option period is negotiated between buyer and seller.
HomeLight
JULY 29, 2022
Otherwise, you can arrange for a wire or bank transfer of funds that gets to the closing agent early (most likely via the title company). We do all the due diligence upfront,” he says. Problem: Seller disclosures reveal something the buyer can’t accept. Don’t worry: You will be refunded any extra.
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