HomeLight

OCTOBER 30, 2020

A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. With a mortgage, there are all kinds of things that can go wrong to delay closing — financing issues and appraisals coming in low are two of the most common. Financing issues. The title isn’t clear.

Closing 108

Closing Inspection contingency Title search Purchase and sale agreement 108

Realtor.com

JANUARY 2, 2023

Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. ” A new-construction home, after all, will sport a brand-new roof, appliances, HVAC equipment, and major systems that homebuyers likely won’t need to repair or replace anytime soon.

New Construction 105

New Construction Construction Pre-approval Inspection 105

HomeLight

DECEMBER 31, 2020

The buyer’s financing with a lender. Most buyers will add a number of contingencies to the contract, such as the home inspection, appraisal, and financing contingency. Buyer encounters financial trouble and their financing falls through. Title work reveals unresolved issues. The property appraisal.

Closing 103

Closing Backup offer Sales Inspection 103

HomeLight

AUGUST 31, 2021

Clear title: The cash buyer will require a title search to make sure that you can convey the property free and clear of any clouds or judgments against the property, such as mechanic’s liens, unpaid taxes, or boundary encroachments. Who will purchase your home for cash? You have a problematic or occupied rental property.

Proof of funds 144

Proof of funds Investor Due diligence Closing 144

HomeLight

FEBRUARY 16, 2023

CEO Jeremy Brandt founded We Buy Houses to create a national brand and network of honest, experienced, and well-capitalized investors, who follow a code of ethics to work under. These investors purchase a license to use the We Buy Houses Brand and marketing materials. Many join to scale up their own business.

Purchase and sale agreement 80

Purchase and sale agreement Closing costs Closing Investor 80

HomeLight

FEBRUARY 8, 2023

As a local, independent business rather than a franchise, the company touts its flexibility to work with homeowners’ individual needs and circumstances rather than be subject to the strict rules and processes of a large national brand. Finally, YellowBird’s site promises homeowners no fees, ever.

Purchase and sale agreement 71

Purchase and sale agreement Closing costs Closing Sales 71

HomeLight

JANUARY 19, 2023

Meridian Trust Website: meridiantrust.com Phone number: 855-997-6538 Locations: Florida, Georgia, Alabama Meridian Trust is a 14-year-old regional company that is part of the Property Force family of brands. These two brands together have almost 100 employees, and Meridian’s website says they’ve purchased “thousands of homes” to date.

Purchase and sale agreement 74

Purchase and sale agreement Closing costs Closing Agents 74