HomeLight

AUGUST 31, 2021

A cash offer simply means that a buyer already has the funds available to buy the house and can pay for it without securing a mortgage loan. From the seller’s point of view, it doesn’t make much difference whether the cash comes from the buyer’s personal bank account or from a mortgage loan. There’s no financing contingency.

Due diligence 80

Due diligence Inspection Pre-approval Pre-qualification 80

HomeLight

AUGUST 23, 2022

These companies can help sellers cash out quickly and many will cover a seller’s closing costs. Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. Price to reflect ‘as is’ condition.

As-is 99

As-is Investor Closing costs Inspection 99

HomeLight

MARCH 23, 2022

But there’s a catch: Because you don’t typically have to provide any documentation, nothing is verified, and this loan amount isn’t guaranteed. If you must include contingencies, such as a loan contingency or appraisal contingency to secure a mortgage, try to include as few as possible. Lead with your highest bid.

Pre-approval 98

Pre-approval Marketing Inspection Finance 98