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Remove Earnest money deposit Remove Option period Remove Proof of funds Related Topics
Homeowner’s association Title search Bankruptcy Due diligence Purchase and sale agreement Inspection contingency Closing costs Short sale Inspection Pre-approval More Related Topics >
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How Long Does It Take to Close On a House With Cash in 2022? Here’s Your Timeline

HomeLight

MAY 24, 2022

The seller needs to verify that the cash buyer has the money to buy the house: 24 to 48 hours. Without a lender to verify funds, the seller will likely request proof of funds and earnest money from the buyer. Submit earnest money: 1 day. Option periods. Low appraisals.

Purchase and sale agreement 105
Purchase and sale agreement Closing Title search Title 105
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Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

MARCH 16, 2023

Ramcharitar advises asking for proof of funds such as a bank statement to ensure the buyer has enough resources to cover the price of the home. The buyer does due diligence during the option period in Texas. Krueger says the due diligence period in Houston is typically 10 days for an agent-assisted sale.

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Sales Purchase and sale agreement Earnest money deposit Investor 67
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