HomeLight

AUGUST 31, 2021

Translating that to real estate terms, selling a house for cash goes something like this: Request an offer: You skip the staging and showing process and go straight to requesting an offer. Even if you’re selling “as is”, an inspection could still be required. Ask for proof of funds and EMD. Check their BBB rating.

Proof of funds 144

Proof of funds Investor Due diligence Closing 144

HomeLight

MARCH 13, 2023

You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises. Reiner advises asking for proof of funds such as a bank statement to ensure the buyer has sufficient resources to close the deal. The buyer does due diligence during the option period in Florida.

Sales 87

Sales Investor Due diligence Renovation 87

HomeLight

JANUARY 5, 2022

Now you can skip the part where you stage, show, and market the house, which makes you want to do a little happy dance. If your friend plans to pay for your home with all-cash, then you want to have your attorney verify proof of funds. Do: Plan for the buyer’s home inspection and appraisal. Well, that day has come.

Pre-approval 108

Pre-approval Purchase and sale agreement Title search Title 108

HomeLight

AUGUST 24, 2022

There are plenty of reasons to have a real estate agent in your corner — visibility in the MLS , help with stagings and showings, assistance with negotiations and contracts, to name just a few — and now you can add sourcing a cash buyer to the list. Do your due diligence. Before signing an offer, ask for proof of funds.

Purchase and sale agreement 108

Purchase and sale agreement Title search Proof of funds Title 108

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

He adds that negotiations and home inspection issues could further reduce the price by 10%. You don’t need the added stress that comes with the risk of the buyer’s financing falling through or a home inspection turning up unpleasant surprises. The buyer does due diligence during the option period in Texas.

Sales 71

Sales Purchase and sale agreement Earnest money deposit Investor 71

HomeLight

DECEMBER 6, 2022

Oregon sellers (or their agents) need to know how to handle property disclosures, earnest money, inspections, and more. Stage the home with final touches like fresh-cut flowers or a basket of fresh produce. Invest in an appraisal or inspection. Knipe finds appraisals aren’t as important as inspections.

MLS 90

MLS Agents Sales Inspection 90