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Cash offer startup Accept.inc raises 90M in debt and equity

Housing Wire

Mortgage startup Accept.inc announced Thursday it raised $90 million in debt and equity. Led by venture capitalist firm Signal Fire as well as existing seed investors Y Combinator and DN Capital , Accept.inc said it plans to use the funding to scale its platform, double its team size and enter new markets.

Equity 307
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

After all, great communication leads to closed deals. Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. 4 Loan Questions Worth Asking. Acceleration clause. Active contingent. What About ARMs? Adjustment date. Amortization.

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The Pros and Cons of Making an All-Cash Offer on A House

HomeLight

You won’t literally be paying in hundred-dollar bills, but with an all-cash offer, you must have the funds to purchase the home available in a liquid account , meaning an account that allows immediate withdrawals and transfers. To be clear, an all-cash offer means you won’t be getting a mortgage loan for any portion of the sale.

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Your Conclusive Guide to Buying a House with Cash

HomeLight

Anyone asking the seller to help them with closing costs. If you’re using cash, you’ll have to show proof of funds with your offer. Because of the due diligence involved with issuing mortgages, it takes a lot longer to close on a home with one. How long does it take to close with cash? First-time buyers.

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Should You Sell Your House for Cash? What to Know About Cash Offers

Redfin

There are numerous reasons why you may be thinking about selling your home, whether it’s because you’re moving to a new city, downsizing to a condo, or wanting to tap into your home’s equity. These offers can be more appealing to sellers since there isn’t a risk of a buyer’s mortgage loan falling through.

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9 Warning Signs When Selling Your Home

Point2Homes

The Buyer Is Not Pre-approved for a Loan. Although buyers are not required to be pre-approved for a loan in order to buy a house, expecting them to be is perfectly reasonable. In one scenario, the buyer will offer to overpay for the house, then ask you to wire back the difference at closing.

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Find Cash Home Buyers in Austin for a Fast, Simple Sale

HomeLight

Receive your offer within a week and close in as little as 10 days. These include: Out-of-state buyers flocking to Austin – particularly California sellers who cashed out the equity in their expensive homes and can afford to pay cash in Austin. They may want to avoid the 6% interest rate of a loan by buying with cash.

Sales 67