Remove Earnest money deposit Remove Land Remove Proof of funds Remove Short sale
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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

When looking for properties to buy, he focuses on single- and multi-family homes rather than vacant land or mobile homes because they allow for “value-add.”. In addition, these properties allow for multiple exit strategies for investors, including flips, short- or long-term rentals, or wholesales.”. Verify past sales.

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

The Close

Earnest money deposit. Also known as a “good faith deposit,” it’s the amount of money a buyer puts in escrow to show their commitment to purchase a property. One example is someone using a private road to access their own land. Proof of funds. Related Article. Eminent domain.