Closing costs Proof of funds Staging 
Redfin
MARCH 14, 2025
This helps you plan for closing costs and monthly payments. Final (clear-to-close) mortgage commitment letter A final mortgage commitment, also known as a clear-to-close, means the lender has reviewed everything, and the loan is fully approved with no remaining conditions. At this stage: The home appraisal is complete.
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.
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HomeLight
FEBRUARY 28, 2022
No repairs, no staging, no open houses. Get an offer in as few as 48 hours and close in as little as 10 days. Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight.
HomeLight
JUNE 28, 2022
While proof of funds is part of a legitimate cash deal , the information would always pass between your agents and the escrow company. While they may be willing to provide lots of bogus financial details, they might not have references, a social media presence, or any real proof they exist. Close in as little as 10 days.
HomeLight
JULY 31, 2021
Harvell also suggests getting concrete proof that the buyer has purchased properties in their name as part of the vetting process. I’m not talking about a ‘proof of funds’ letter — those are easily manipulated,” he says. “If Verification of funds. Closing costs. Verify past sales.
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.
HomeLight
APRIL 14, 2023
House Heroes also provides sellers with a proof of funds bank statement. Closing costs: Sellers pay no closing costs; House Heroes charges no fees. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.
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