Remove Closing Remove Inspection Remove Pre-approval Remove Proof of funds
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Cash offer startup Accept.inc raises 90M in debt and equity

Housing Wire

If a homebuyer can’t close on their mortgage in time to buy the home they want, instead of losing out on the house, Accept.inc will buy the property with its own funds and reserve the home on their behalf. If the all-cash offer wins, the home is purchased from the seller and reserved until the loan is ready to close.

Equity 338
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11 Homeselling Myths, Debunked

The Close

Plus, consider the fact that if an issue arises during the inspection, they can offer a credit to keep the deal moving forward. Navigating the Selling Process Myth #8: Getting Pre-approved Should Happen After Finding Your Perfect Home House hunting can be exhausting. Even just showing a home takes a lot of coordination.

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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. As a seller, you will save valuable time when dealing with pre-approved buyers. The Buyer Is Asking for Cashback.

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Tempted by a Cash Offer for Your Home? Dissect It With This Guide

HomeLight

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. Home inspection contingency.

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Buyers Paying Over Asking Price? Get an Appraisal Gap Guarantee

HomeLight

This is the time when the inspection, any agreed upon repairs, and the appraisal take place. If the home appraises for $400,000, the buyer will need to bring $15,000 cash to closing to cover the gap. For example, if the buyer has promised to pay a gap up to $15,000, they should be able to show proof of funds for that $15,000.

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How to Sell a House to a Friend So No One Feels Cheated: 11 Do’s and Don’ts

HomeLight

They help clients save money by representing both sides and a pre-arranged discount.”. Not all states require you to hire a real estate attorney to buy or sell real estate, but it’s almost always advisable to get legal representation in a sale among parties with a pre-existing relationship. Don’t: Be lenient on the pre-approval step.

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What’s Required to Sell a House Without a Realtor?

HomeLight

Many FSBO sellers will purchase a pre-listing appraisal. The buyer’s lender will probably require their own appraisal as part of their loan approval process. Pre-inspection. Getting a pre-listing inspection can facilitate a quicker sale because it eliminates surprises – and gives the seller time to fix major flaws.