HomeLight

AUGUST 31, 2021

Ask for proof of funds: You should always obtain documentation that a person or company is who they say they are and actually has the funds and abilities to complete a transaction of this size. Ask for proof of funds and EMD. Even if you’re selling “as is”, an inspection could still be required. Request Cash Offer.

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Proof of funds Investor Due diligence Closing 144

HomeLight

MARCH 13, 2023

We’ve gathered insights from top real estate agents and investors to create this guide navigating Orlando’s cash home buyer market so you can sell your property in as fast a timeframe as you require. But Orlando’s cooling real estate climate with interest rates that nearly doubled since last year has taken its toll on investor activity. “In

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Sales Investor Due diligence Renovation 84

HomeLight

MARCH 13, 2023

This demand for affordable housing sets the scene for real estate investors. The state’s landlord-friendly rules and regulations further encourage investors. They may want to avoid the 6% interest rate of a loan by buying with cash. These attract people to the city but also drive up home and rental prices. 70) – repair costs.

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Sales Investor House Flipping Pre-approval 73

HomeLight

MARCH 16, 2023

The Greater Houston area is expected to continue being a hot investor marketplace this year as its 7.2 Learn more: 7 of the Top We Buy Houses for Cash Companies in Houston However, first-time or fair-weather investors facing high interest rates and inflation have created some challenges in the Texas market.

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Sales Purchase and sale agreement Earnest money deposit Investor 68

HomeLight

JULY 31, 2021

The main method is to request a cash offer from an investor or cash-buying company that will likely purchase your home “as is.” Your buyer could be an investor who plans to turn your home into a rental, an iBuyer (instant buyer) that provides quick offers online, or a house flipper who plans to remodel and resell the property for a profit.

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Earnest money deposit Inspection Proof of funds Inspection contingency 98

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. If you want to work with real estate investor clients, read our own Sean Moudry’s simple, yet thorough run down: “ How to Explain 1031 Exchange Rules to Your Clients.” 4 Loan Questions Worth Asking.

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Purchase and sale agreement Title Proof of funds Pre-approval 97