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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.

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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. All-cash offers also tend to have quicker closing dates since there’s no waiting for the mortgage underwriting process to finish. .

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

HomeLight

The sales contingency : A sales contingency means your current house must sell before you close on this new house. That means no need to gather tax returns, income statements, proof of employment, asset lists, credit scores , blood types (just kidding). You’ll also save on closing costs associated with getting a mortgage loan.

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9 Warning Signs When Selling Your Home

Point2Homes

In one scenario, the buyer will offer to overpay for the house, then ask you to wire back the difference at closing. You can protect yourself from potential cash buyer scams by requesting ‘Proof of Funds’ documentation and asking for a non-refundable deposit that’s at least 5% of the selling price.

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How to Find Cash Home Buyers in Las Vegas for a Simplified Sale

HomeLight

Las Vegas attracts a variety of cash buyers, from equity-rich Baby Boomers to large investment firms. Receive your offer in 24 hours and close in as few as 10 days. Before signing an offer, ask for proof of funds Confirming that a cash buyer has the necessary funds available is a critical step in the selling process.

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The Process for Buying Land with Cash in 11 Simple Steps

HomeLight

First, the seller is likely to want to see proof of funds. Sellers want to see that you can cover the down payment and closing costs. Proof of funds should be on an official letterhead from the institution where your funds are. One option is to close at the registry office where you will record the deed.

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What Does the Process of Selling a House for Cash Look Like?

HomeLight

Review and sign the closing documents. Cash buyers provide a variety of conveniences to sellers, including a shorter closing, increased level of certainty, and the option to sell “as is” and save money on repairs. Close for cash in as few as 10 days. Does the buyer have a good track record of closing transactions?

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