Due diligence Earnest money deposit Inspection contingency Proof of funds 
HomeLight
JULY 31, 2021
Beyond doing your due diligence online, it’s also a good idea to pick up the phone and put a voice to the business. Harvell also suggests getting concrete proof that the buyer has purchased properties in their name as part of the vetting process. Verification of funds. Earnest money deposit.
HomeLight
MARCH 16, 2023
Ramcharitar advises asking for proof of funds such as a bank statement to ensure the buyer has enough resources to cover the price of the home. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts.
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