Remove Closing costs Remove Investor Remove Rent back
article thumbnail

Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

HomeLight

It wasn’t long ago that the decision to sell your house for cash was associated with a neglected or foreclosed property whose value had plummeted, as an investor swooped in to snatch it up for a bargain. Buy-and-hold investors. Who’s paying cash for houses? Here are some of the most common sources of cash offers in 2022.

article thumbnail

What’s the Deal with Making a Cash Offer on a House?

HomeLight

Investors commonly offer cash when buying homes to either flip or rent out. High-volume investors tend to buy and sell homes frequently, so they’re likely to have the kind of cash on hand that allows for paying out of pocket rather than having to secure a mortgage loan for each purchase.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Selling a House for a Job Relocation: Tips, Tools, and Taxes

HomeLight

Also known as a seller rent-back agreement or a holdover , this allows you to stay in your home for a designated period ?of Essentially, it makes the buyer your landlord so you have time to rent or buy a new home and arrange for the movers to collect your belongings. of time after you sell.

article thumbnail

Win Bidding Wars: How to Write Offers That the Seller and Listing Agent Will Love

HomeLight

She talked about the five parts of an offer: price, earnest money, down payment, close date, and what she calls the miscellaneous bucket. That last one, miscellaneous bucket, that includes things like contingencies and rent backs and so forth. I’ve gonna give them free rent back.

Agents 98
article thumbnail

How to Win a Bidding War: Write Offers the Seller and Listing Agent Will Love

HomeLight

She talked about the five parts of an offer: price, earnest money, down payment, close date, and what she calls the miscellaneous bucket. That last one, miscellaneous bucket, that includes things like contingencies and rent backs and so forth. I’ve gonna give them free rent back.

Agents 75
article thumbnail

Thinking About Writing a Love Letter to the Seller of Your Dream Home? It’s Not Always a Good Idea

HomeLight

Investors looking to sell quickly and for the most amount of money. For many of them, they want a short inspection period, such as three to five days, a quick close, i.e. 30 days, possibly a rent-back option , or for the buyer to waive the inspection or appraisal contingencies. Consider the seller’s closing needs.