Remove Closing costs Remove Due diligence Remove Rent back
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What’s the Deal with Making a Cash Offer on a House?

HomeLight

Not only can a full-price offer give you an edge over cash if it’s a low cash offer, but you can gain additional advantage by offering to pay closing costs. Due diligence is the time that a buyer has to investigate a property,” explains Bragg. In other states, a similar fee is often referred to as earnest money.

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Get Your Own Slice of the Big Apple: Buying a House in Manhattan

HomeLight

Closing costs can range from 2.5% Hiring an attorney, which is a local convention in New York , eases the burden of buyer due diligence on an entire building’s amenities, including elevator updates and hot water service. One-bedroom apartments in co-ops can start at $700,000 in co-ops compared to $1.2 million in condos.

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13 ways to compete with cash offers & win a deal for your clients

Housing Wire

As part of your due diligence, have conversations with the listing agent before submitting an offer and ask how they feel about it. We can close as fast as (date) if the sellers want! Offer a rent-back If the sellers want more time and the buyers are ok with it, offer to do a rent-back, also known as a leaseback.