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. You can typically sell your house in as few as 10 days. The buyer runs the numbers and makes an offer.

Sales 86

Sales Purchase and sale agreement Due diligence Inspection 86

HomeLight

MARCH 13, 2023

Competition from house-flip companies. 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. High interest rates.

Sales 65

Sales Investor House Flipping Pre-approval 65

HomeLight

AUGUST 31, 2021

“You make a phone call or answer some questions online, agree to an offer, and then it’s not something you have to worry about anymore,” says Doug Van Soest , owner of a house flipping company in Southern California, in describing the typical way things go. Check their BBB rating. Lower-maintenance sale.

Proof of funds 144

Proof of funds Investor Due diligence Closing 144