Inspection Inspection contingency Proof of funds 
Redfin
JULY 14, 2025
Performing unauthorized inspections or repairs. Failing to deliver required documents (like updated proof of funds or loan pre-approval) by the contract deadlines. These include financing, home inspection, and appraisal contingencies. Moving in or storing belongings early without a formal written agreement.
Rochester Real Estate
NOVEMBER 5, 2015
A pre-approval letter must be included, and proof of funds can also help in a seller’s market. The seller might return with a counteroffer based on your offer’s price, contingencies, or other terms. Home Inspection The home inspection will show if this is a property you want to buy.
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Redfin
AUGUST 5, 2025
In a multiple-offer situation, sellers look at a number of different variables between offers, from inspection timelines to appraisal guarantees, to financing terms. This means when a seller receives a cash offer (with proof of funds) they can be almost 100% confident the deal will quickly make it to the closing table.
HomeLight
OCTOBER 30, 2020
Selling a house “as is” without inspection is the definition of driving a hard bargain. As for whether you can sell a house as is without inspection — the answer is yes, it’s possible and does happen. Why ‘as is’ doesn’t always mean no inspection. However, a buyer could still include an inspection contingency in the contract.
HomeLight
JULY 31, 2020
These could include: The appraisal contingency : Lenders require an appraisal, but if you are paying cash and you’re confident that the price is fair, you don’t need one. The inspection contingency : As a cash buyer, an inspection contingency is optional. This can save you between $300 and $450.
HomeLight
JULY 31, 2021
Harvell also suggests getting concrete proof that the buyer has purchased properties in their name as part of the vetting process. I’m not talking about a ‘proof of funds’ letter — those are easily manipulated,” he says. “If Verification of funds. Inspection period. Step 6: Pass the inspection.
Point2Homes
SEPTEMBER 30, 2021
You can protect yourself from potential cash buyer scams by requesting ‘Proof of Funds’ documentation and asking for a non-refundable deposit that’s at least 5% of the selling price. They’re often a sign that the buyer doesn’t actually have the money to buy the house and can’t qualify for a loan.
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