Due diligence Proof of funds Renovation Title search 
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. Check their BBB rating. Request Cash Offer.
HomeLight
AUGUST 24, 2022
Do your due diligence. Before signing an offer, ask for proof of funds. The serious, professional, reliable home buyers will gladly show you legitimate proof of funds.”. The buyer runs a title search on the property. Also check to make sure the company is listed with the Better Business Bureau.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
HomeLight
MARCH 13, 2023
With the strong Florida sun shortening the lifespan of roofs and air conditioning systems, costly renovations may be necessary. Most sellers approach Joseph because their home did not sell after several months on the open market due to outdated decor, major structural issues, or fire damage. For a rental, not as much,” explains Joseph.
HomeLight
JULY 31, 2021
They can purchase a property at a discount, providing value through a quick sale to the owner, and leverage their funds and expertise toward a profitable renovation. If the whole house has been renovated recently and the seller wants full market value, they’re typically better off working with an agent.”. Verification of funds.
HomeLight
MARCH 16, 2023
They sign the lease just a couple of weeks after the home is renovated and ready for occupancy. He routinely works with multiple crews of contractors so he completes renovations at a lower cost and with fewer headaches than most homeowners. The buyer does due diligence during the option period in Texas.
Expert insights. Personalized for you.
144 
Let's personalize your content