HomeLight

AUGUST 31, 2021

A loan contingent on appraisal could fall through, and the seller would have to find another buyer or reduce the price. Investors commonly offer cash when buying homes to either flip or rent out. Issues pertaining to appraisal accounted for 26% home purchase delays as of April 2021.

Due diligence 106

Due diligence Inspection Pre-approval Pre-qualification 106

HomeLight

AUGUST 23, 2022

As is” sales often attract investors searching for their next flip or buyers seeking a bargain, perhaps on a home in a great location with lots of potential. These companies can help sellers cash out quickly and many will cover a seller’s closing costs. Fees: We Buy Ugly Houses pays most, if not all of your closing costs.

As-is 111

As-is Investor Closing costs Inspection 111

HomeLight

MARCH 23, 2022

Only include essential contingencies. Speaking of contingencies, Peterson says the fewer, the better. If you must include contingencies, such as a loan contingency or appraisal contingency to secure a mortgage, try to include as few as possible. The sooner you do this, the better. Count your cash.

Pre-approval 105

Pre-approval Marketing Inspection Finance 105