Redfin

JUNE 21, 2023

Lastly, establishing relationships with reputable contractors and property managers can streamline property renovations and day-to-day operations. Home inspections can also help determine an investor’s renovation budget and help alleviate newfound stressors throughout the rehab process. First, there are property taxes.

Due diligence 57

Due diligence Earnest money deposit Investor Inspection 57

HomeLight

MARCH 13, 2023

Speed: One of the biggest benefits is a fast sale, as cash buyers are able to close the transaction quickly without the delays often associated with traditional home sales, such as waiting for financing approval or appraisal. The buyer does due diligence during the option period in California, which is typically one to 10 days.

Sales 91

Sales Purchase and sale agreement Due diligence Inspection 91

HomeLight

MARCH 13, 2023

New construction surge contributing to competition for buyers. Certainty: With a pre-offer walk-through, a cash home buyer can typically provide a firm cash offer that comes with few, if any, contingencies. No pre-qualifying for a loan. Drive around your neighborhood to find homes being renovated.

Sales 70

Sales Investor House Flipping Pre-approval 70