Closing costs Pre-approval Proof of funds Staging 
HomeLight
AUGUST 31, 2021
Plus, you’ll save money on things like commissions, repairs, and closing costs.”. Translating that to real estate terms, selling a house for cash goes something like this: Request an offer: You skip the staging and showing process and go straight to requesting an offer. Ask for proof of funds and EMD.
HomeLight
SEPTEMBER 16, 2021
You should also request proof of funds to confirm that the buyer actually has the available cash to complete the purchase. And Simpson recommends going even a step further to confirm that the proof of funds letter hasn’t been forged: “Make sure you call their bank to verify they have funds and that they’re liquid,” he advises.
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HomeLight
MARCH 13, 2023
More certainty: With a pre-offer walk-through, a cash home buyer can generally provide a firm cash offer that comes with few contingencies, or no contingencies at all. You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises.
HomeLight
OCTOBER 11, 2022
Next: Consult our guide on who pays closing costs when selling a house by owner for more details. In Iowa, a real estate attorney is required at the closing table for FSBO and agent-assisted properties, and FSBO sales typically warrant legal and professional oversight of some kind to avoid an abundance of legal risk.
HomeLight
OCTOBER 1, 2022
Next: Consult our guide on who pays closing costs when selling a house by owner for more details. Stage the home with final touches like fresh-cut flowers or a basket of fresh produce. My team loves to talk to our sellers about proper staging,” Wall says. Repaint bold walls (or those that look dingy) in a neutral color.
HomeLight
MARCH 16, 2023
Although you’ll typically receive a discounted offer from a cash home buyer, you’ll save on costs that take a sizable piece of your profit, such as 6% real estate agent commission. Ramcharitar says sellers also pay 2% of the sales price for closing costs and another 2% for title insurance.
HomeLight
MAY 25, 2023
Next: Consult our guide on who pays closing costs when selling a house by owner for more details. Stage the home with final touches like fresh-cut flowers or a basket of fresh produce. Have the pre-inspection done so that you can be ahead of any potential issues,” Richter suggests. Refinish hardwood floors.
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