Closing Inspection contingency Proof of funds Renovation 
HomeLight
JULY 31, 2020
The inspection contingency : As a cash buyer, an inspection contingency is optional. However, inspections are still highly encouraged and only cost around $315 on average.). The sales contingency : A sales contingency means your current house must sell before you close on this new house.
HomeLight
JUNE 29, 2021
Your sale is more likely to close and close faster with a cash offer than with an offer that hinges on a mortgage approval. This means that the buyer has the funds to purchase the home in full. Cash offers are more likely to close and close faster than those backed by a lender. Financing contingency.
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HomeLight
MARCH 13, 2023
Receive your offer within a week and close in as little as 10 days. The benefit of cash offers for sellers is that these deals tend to close faster and have fewer risks , ” she explains. With the strong Florida sun shortening the lifespan of roofs and air conditioning systems, costly renovations may be necessary.
HomeLight
JULY 31, 2021
turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. They look for motivated sellers who want to close quickly and avoid the potential complications of financing or sale contingencies, even if it means accepting a lower offer price,” he explains.
HomeLight
MARCH 16, 2023
Receive your offer within a week and close in as little as 10 days. They sign the lease just a couple of weeks after the home is renovated and ready for occupancy. He routinely works with multiple crews of contractors so he completes renovations at a lower cost and with fewer headaches than most homeowners.
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