Remove Due diligence Remove Proof of funds Remove Residential Remove Title search
article thumbnail

Selling to Florida Cash Home Buyers: Tips from Experts

HomeLight

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.

article thumbnail

How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

Although it’s not as sure of a bet, you could also attract a regular residential buyer who has enough liquid assets to buy a house outright. Beyond doing your due diligence online, it’s also a good idea to pick up the phone and put a voice to the business. Verification of funds. Put a voice to a name. Verify past sales.

article thumbnail

131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Chain of title is an historical record of previous owners of a property that’s essential in establishing the legal ownership of the property. An established chain of title helps protect the buyer from future challenges to ownership. A title search helps create that chain and is usually conducted by a lawyer or title company.