Remove Due diligence Remove Earnest money deposit Remove Proof of funds Remove Sales
article thumbnail

Fighting Against Real Estate Fraud

The Residential Specialist

Real estate is no exception; high-dollar sales mean creative con artists bring their A-game. Be aware It’s hard, especially when you are hungry to make a sale, to remember that things that sound too good to be true are usually just that. She also personally experienced an attempt to pull a bait-and-switch with deposits.

article thumbnail

What to Look for in a Strong Cash Buyer

CT Homes

Below are just some of the markers that you should keep in mind when working with a cash buyer on the sale of your home. Contingency periods should not be unnecessarily long, and should fall in the range of 3 to 10 days depending on the complexity of any necessary due diligence. Strong Offer Terms.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Sell your Home for Cash: The Process!

CT Homes

If you are not experienced in sales it is easy to get tempted into moving forward with the first offer that comes your way. It’s extremely important that you do your due diligence on every interested buyer that submits an offer. If they are offering cash make sure they submit an updated proof of funds letter.

article thumbnail

Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

Do you need to connect with cash home buyers in Houston for a fast sale? Perhaps you’re relocating for your dream job in two weeks, but you don’t have the time or money to replace the roof on your University Place ranch that has sprung a leak. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

Sales 65
article thumbnail

How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

Reports from the National Association of Realtors show that nearly a quarter of existing home sales were made with all-cash in the spring of 2021 — but how do you go about finding your cash buyer? Our guide aims to address the urgency of needing cash with the level of thought and care that a sale of this weight requires. Good bones.

article thumbnail

How Long Does It Take to Close On a House With Cash in 2022? Here’s Your Timeline

HomeLight

Everyone involved will need time to perform their due diligence. A cash sale: Start to finish. Every home sale has its quirks, but in general, “a cash sale can be turned over in a week to two weeks,” according to Suz Poepke Pohl, owner and escrow agent at Cygneture Title for the past 10 years. Average Price Point.

article thumbnail

131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Comparable sales (comps).