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 56

Due diligence Earnest money deposit Investor Inspection 56

HomeLight

MARCH 13, 2023

The buyer does due diligence during the option period in California, which is typically one to 10 days. Although there are no required disclosures because the property is being sold as-is, there is an inspection period. The buyer and seller sign the closing documents. You receive a check or have money wired into your account.

Sales 90

Sales Purchase and sale agreement Due diligence Inspection 90

HomeLight

MARCH 13, 2023

New construction surge contributing to competition for buyers. The buyer does due diligence during the agreed-upon option period in Texas (the number of days the buyer has to thoroughly inspect the property and terminate the contract for any reason: typically one to 10 days). iBuyers see opportunity in Austin.

Sales 69

Sales Investor House Flipping Pre-approval 69