HomeLight

MARCH 13, 2023

iBuyers see opportunity in Austin. There are also national iBuyers who tend to pay more than investors and “we buy houses” companies because iBuyers look for homes in better condition. An iBuyer might pay you 85% or more of market value while charging a fee for their services, often around 5% or higher. “The

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HomeLight

APRIL 14, 2023

House Heroes also provides sellers with a proof of funds bank statement. Other options to sell your home quickly iBuyers Within the Cash-For-Homes industry, you’ll also encounter a particular group of companies known as iBuyers, or instant buyers. Closing costs: Sellers pay no closing costs; House Heroes charges no fees.

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Purchase and sale agreement Closing costs Closing Sales 98

HomeLight

FEBRUARY 16, 2023

House Heroes further vets itself by providing a proof of funds bank statement. Other options to sell your home quickly iBuyers Within the Cash-For-Homes industry you’ll also encounter a particular group of companies known as iBuyers, or instant buyers.

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Purchase and sale agreement Closing costs Closing Investor 98

Redfin

JULY 30, 2021

Short for instant buyer, an iBuyer is a real estate company that buys your home directly. If you plan to sell your home to an iBuyer, you’ll likely need to request an offer directly from the company. An iBuyer’s cash offer on your house is generally based on a home valuation tool.

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HomeLight

DECEMBER 14, 2021

In recent years, a group of companies called iBuyers have made it easier to sell your house almost completely online and without the need for showings. iBuyers use technology to value homes and provide near-instant offers on homes they’re willing to buy. Skip Showings and Request a Cash Offer. Request Offer.

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Staging Agents Proof of funds Pre-approval 98

HomeLight

SEPTEMBER 19, 2024

Before signing an offer, ask for proof of funds Verify funds: Request proof of funds, such as bank statements or a financial institution letter. Watch for red flags: If the buyer won’t provide proof, consider looking for a more trustworthy company.

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HomeLight

JULY 31, 2021

Your buyer could be an investor who plans to turn your home into a rental, an iBuyer (instant buyer) that provides quick offers online, or a house flipper who plans to remodel and resell the property for a profit. Harvell also suggests getting concrete proof that the buyer has purchased properties in their name as part of the vetting process.

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HomeLight

SEPTEMBER 16, 2021

You should also request proof of funds to confirm that the buyer actually has the available cash to complete the purchase. And Simpson recommends going even a step further to confirm that the proof of funds letter hasn’t been forged: “Make sure you call their bank to verify they have funds and that they’re liquid,” he advises.

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Title Inspection Proof of funds Investor 105

HomeLight

MARCH 13, 2023

Common types of cash buyers in Orlando “For the longest time, the biggest players were the hedge funds and iBuyers,” says Joseph. While iBuyers offered higher prices than smaller investors, they have taken a step back as the cost of doing business has soared with rising interest rates.

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Sales Investor Due diligence Renovation 98

HomeLight

FEBRUARY 3, 2022

Many cash-for-homes operations have moved online, while iBuyer companies go so far as to value your home using technology and provide a near-instant offer for convenience. It’s also good practice to screen buyers for pre-approval or proof of funds before they view the home to cut back on useless showings. According to Dec.

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Staging Pre-approval Agents Renovation 105

HomeLight

MARCH 16, 2023

Common types of cash buyers in Houston Krueger says iBuyers are purchasing fewer homes in Houston. Consumers are exploring more and more options these days,” he notes as iBuyer activity slows down. Examine public records for deeds recorded under the buyer’s name to verify that they purchase and sell properties.

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Sales Purchase and sale agreement Earnest money deposit Investor 93

HomeLight

JUNE 29, 2021

iBuyers , or “instant buyers,” are direct real estate buyers who purchase homes at scale. iBuyers typically make less money per flip than traditional home flippers and instead rely on purchasing and reselling many homes at a smaller profit margin to generate revenue over time.

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Inspection contingency Proof of funds Inspection Pre-approval 83

HomeLight

MARCH 21, 2025

Always ask for proof of funds, like a bank statement, to confirm their ability to purchase your property. Property investors: This group includes institutional investors, house flippers , buy-and-hold investors, wholesale buyers, and iBuyers, all aiming to profit from Winston-Salems housing market.

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Sales Proof of funds Due diligence Investor 52