HomeLight

AUGUST 31, 2021

A loan contingent on appraisal could fall through, and the seller would have to find another buyer or reduce the price. 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 77

Due diligence Inspection Pre-approval Pre-qualification 77

HomeLight

AUGUST 23, 2022

These companies can help sellers cash out quickly and many will cover a seller’s closing costs. Cash eliminates the lender-ordered appraisal as well as the time it takes to close on the buyer’s loan, creating a faster and clearer path to settlement. Fees: We Buy Ugly Houses pays most, if not all of your closing costs.

As-is 95

As-is Investor Closing costs Inspection 95

HomeLight

MARCH 23, 2022

Only include essential contingencies. Speaking of contingencies, Peterson says the fewer, the better. If you must include contingencies, such as a loan contingency or appraisal contingency to secure a mortgage, try to include as few as possible. The sooner you do this, the better. Count your cash.

Pre-approval 94

Pre-approval Marketing Inspection Finance 94