Housing Wire

APRIL 13, 2021

Jay Garrett, a loan officer at Supreme Lending ’s McClellan Branch in Austin, said he is seeing 10 to 40 offers on houses no matter where they are in Austin, and cash offers are winning the day because sellers don’t want to have to worry about the house appraising too low for someone who needs financing. “If

Marketing 535

Marketing Option period Lending Loan Officer 535

HomeLight

MARCH 7, 2024

You’ve planned, juggled finances, worried about finding the right house, and then you finally sign a contract. This comprehensive document details everything from the purchase price, down payment, and financing terms to contingencies, closing dates, and any specific conditions both parties must meet before the sale can be finalized.

Purchase and sale agreement 116

Purchase and sale agreement Earnest money deposit Option period Inspection 116

The Close

JANUARY 16, 2025

The terms of the rent-to-own contract outline the purchase price, the option period (when the tenant can exercise the option to buy), rent premiums, financing terms, and option fees. Investigate the sellers background: Obtain a title report to confirm taxes are up-to-date, property ownership, and equity.

Purchase and sale agreement 98

Purchase and sale agreement Investor Finance Equity 98

HomeLight

MAY 24, 2022

Every home sale has its quirks, but in general, “a cash sale can be turned over in a week to two weeks,” according to Suz Poepke Pohl, owner and escrow agent at Cygneture Title for the past 10 years. Secure title and escrow services: 1 day. Title search: 3 days. Unfortunately, not all title searches return a clear title.

Purchase and sale agreement 111

Purchase and sale agreement Closing Title search Title 111

HomeLight

JULY 31, 2021

Some, however, are ready to move immediately, in which case we are limited by the bandwidth of the title company to complete the title search process and get all the documents together.”. Both parties sign a contract and submit it to a title company. Process of selling to San Antonio cash buyers.

Investor 111

Investor Title Sales Due diligence 111

HomeLight

MARCH 13, 2023

You are either replumbing the house, rewiring the house, or putting a new roof on the house prior to closing so that a financed buyer can get insurance. There’s just so much less risk with a cash offer than with a financed offer that it is night and day,” says Spray. Both parties sign a contract and submit it to a title company.

Sales 98

Sales Investor Due diligence Renovation 98

HomeLight

MARCH 13, 2023

You don’t have to deal with negotiating offers, low appraisals, or the risk of a buyer’s financing falling through. Both parties sign a contract and submit it to a title company. However, “if there’s no issue with title commitment,” Hoeke says it can sometimes be done in one to three days. How do I find cash buyers in Austin?

Sales 95

Sales Investor House Flipping Pre-approval 95