HomeLight

SEPTEMBER 15, 2022

The National Association of Realtors agrees that auctions can accelerate a sale, in addition to offering these key benefits for sellers: Higher visibility among pre-qualified, prepared buyers who are ready to buy. No need for staging or juggling showings and open houses. The sale is not contingent on an appraisal or inspection.

Pre-qualification 87

Pre-qualification Pre-approval Investor Agents 87

HomeLight

AUGUST 31, 2021

“You make a phone call or answer some questions online, agree to an offer, and then it’s not something you have to worry about anymore,” says Doug Van Soest , owner of a house flipping company in Southern California, in describing the typical way things go. Even if you’re selling “as is”, an inspection could still be required.

Proof of funds 144

Proof of funds Investor Due diligence Closing 144

HomeLight

MARCH 21, 2022

Preliminary offer: At this stage, some house buying companies will provide a preliminary offer that is subject to change after a house assessment. House flippers look for specific improvements to boost equity, such as cosmetic updates, mechanical repairs, an addition, or a change to the layout.

Closing costs 95

Closing costs Home sale contingency Investor Closing 95