HomeLight

MARCH 7, 2024

This comprehensive document details everything from the purchase price, down payment, and financing terms to contingencies, closing dates, and any specific conditions both parties must meet before the sale can be finalized. What is an option period?

Purchase and sale agreement 102

Purchase and sale agreement Earnest money deposit Option period Due diligence 102

HomeLight

MAY 24, 2022

Sellers tend to prefer all-cash offers because those deals close more quickly. Even though it’s all cash to the sellers at closing, with a cash offer, “you don’t have to go through the appraisal or the bank approval process — it’s cleaner.”. But just how long does it take to close on a house with cash, compared to a traditional loan?

Purchase and sale agreement 101

Purchase and sale agreement Closing Title search Title 101

Housing Wire

APRIL 13, 2021

Jay Garrett, a loan officer at Supreme Lending ’s McClellan Branch in Austin, said he is seeing 10 to 40 offers on houses no matter where they are in Austin, and cash offers are winning the day because sellers don’t want to have to worry about the house appraising too low for someone who needs financing.

Marketing 532

Marketing Option period Lending Loan Officer 532

HomeLight

AUGUST 29, 2022

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. There are loan programs out there that allow for buyers to make low down payments on their dream homes.

Earnest money deposit 90

Earnest money deposit Title Inspection Title search 90

HomeLight

MARCH 13, 2023

Receive your offer within a week and close in as little as 10 days. They may want to avoid the 6% interest rate of a loan by buying with cash. When you work with a reputable cash home buyer in Austin, you’re likely going to appreciate a smooth experience from offer to close. The buyer and seller sign the closing documents.

Sales 69

Sales Investor House Flipping Pre-approval 69

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. Barrett Spray Real Estate Agent Close Barrett Spray Real Estate Agent at Keller Williams 5.0 Need to Sell Your House Fast in Orlando?

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Sales Investor Due diligence Renovation 79

HomeLight

MARCH 16, 2023

Receive your offer within a week and close in as little as 10 days. Ramcharitar says sellers also pay 2% of the sales price for closing costs and another 2% for title insurance. A house-buying company generally pays closing costs. James Krueger Real Estate Agent Close James Krueger Real Estate Agent at Krueger Real Estate 5.0

Sales 65

Sales Purchase and sale agreement Earnest money deposit Investor 65