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.”. Also check to make sure the company is listed with the Better Business Bureau. How to request a cash offer in Florida.

Purchase and sale agreement 103

Purchase and sale agreement Title search Proof of funds Title 103

HomeLight

MAY 24, 2022

Everyone involved will need time to perform their due diligence. Without a lender to verify funds, the seller will likely request proof of funds and earnest money from the buyer. While this typically takes just a few days, if the home has been through a foreclosure or short sale, it could take longer.

Purchase and sale agreement 102

Purchase and sale agreement Closing Title search Title 102

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. Verify past sales. Harvell also suggests getting concrete proof that the buyer has purchased properties in their name as part of the vetting process. Verification of funds. Put a voice to a name.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

The Close

DECEMBER 29, 2022

Due diligence period. What if your clients are asking about their due diligence period? This can lead to a short sale, foreclosure auction, and/or the lender taking possession of the property. Proof of funds. These funds must be liquid, not stocks or bonds. Short sale.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98