HomeLight

AUGUST 24, 2022

Imagine you list your home for sale and attract a buyer right away who is also willing to offer a top price. However, this buyer needs a mortgage to finance the deal, and that can take months. By contrast, a cash sale can be wrapped up in as few as 7 to 10 days since the transaction doesn’t require a lender’s involvement.

Purchase and sale agreement 103

Purchase and sale agreement Title search Proof of funds Title 103

HomeLight

JANUARY 13, 2022

In these cases, a buyer already has an offer on their previous home, but they need to make sure the sale closes (or “settles”) in order to buy their new house. Financing contingencies. And if you can’t get financed for the house, you won’t still be obligated to buy it — a big benefit! Title contingencies.

Backup offer 73

Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 73

Marco Santarelli

DECEMBER 20, 2020

Have your financing option ready before you submit an offer as most sellers want to see a pre-approval letter before accepting an offer. This is why you need to find websites like LoopNet, Realtor.com, and Costar that offer only commercial and multi-family residential properties. This can help you avoid competition, bidding wars.

Sales 70

Sales MLS Renovation Investor 70