Remove Closing costs Remove Due diligence Remove Rent back
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What’s the Deal with Making a Cash Offer on a House?

HomeLight

Not only can a full-price offer give you an edge over cash if it’s a low cash offer, but you can gain additional advantage by offering to pay closing costs. Due diligence is the time that a buyer has to investigate a property,” explains Bragg. In other states, a similar fee is often referred to as earnest money.

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Get Your Own Slice of the Big Apple: Buying a House in Manhattan

HomeLight

Closing costs can range from 2.5% Hiring an attorney, which is a local convention in New York , eases the burden of buyer due diligence on an entire building’s amenities, including elevator updates and hot water service. One-bedroom apartments in co-ops can start at $700,000 in co-ops compared to $1.2 million in condos.