HomeLight

MARCH 13, 2023

Home-buying companies generally pick up closing costs including title search and title insurance that usually range from 1.5% Reiner advises asking for proof of funds such as a bank statement to ensure the buyer has sufficient resources to close the deal. Due diligence for a cash buyer is mostly title related.

Sales 79

Sales Investor Due diligence Renovation 79

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. Inspection period. Put a voice to a name.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

MARCH 16, 2023

Home-buying companies generally pick up the remainder of closing costs that total about 8% including title search and title insurance. 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.

Sales 65

Sales Purchase and sale agreement Earnest money deposit Investor 65