HomeLight

APRIL 22, 2024

Department of Housing and Urban Development (HUD), investors with smaller portfolios (typically 1–9 units) made up 88% of the city’s investor market. Do your due diligence Thorough vetting is crucial when considering a cash buyer, whether it be a company or an individual. According to a recent article published by the U.S.

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Proof of funds Sales Due diligence Investor 64

HomeLight

MARCH 7, 2025

Both local and out-of-state investors remain interested in Cedar Rapids stable market , drawn by its strong potential for economic growth and development. Do your due diligence Before proceeding with a cash sale, take the time to carefully research and evaluate local home-buying companies.

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Proof of funds Sales Due diligence Banks 40

HomeLight

MARCH 13, 2023

The buyer does due diligence during the agreed-upon option period in Texas (the number of days the buyer has to thoroughly inspect the property and terminate the contract for any reason: typically one to 10 days). “The biggest difference is there’s no lender to communicate with,” Speed says. “No No pre-qualifying for a loan.

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Sales Investor House Flipping Pre-approval 95

Marco Santarelli

AUGUST 16, 2024

Due diligence is paramount: Thorough inspections and title searches are essential to uncover potential liens or hidden issues. Long-term potential: Evaluate the property's potential for appreciation based on market trends, neighborhood growth, and future development plans. How can I ensure I get a good deal on a property?

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Due diligence Purchase and sale agreement Renovation Title search 52

HomeLight

MARCH 13, 2023

As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues. Reiner advises asking for proof of funds such as a bank statement to ensure the buyer has sufficient resources to close the deal. The buyer does due diligence during the option period in Florida.

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Sales Investor Due diligence Renovation 98

HomeLight

MARCH 16, 2023

Ramcharitar advises asking for proof of funds such as a bank statement to ensure the buyer has enough resources to cover the price of the home. The buyer does due diligence during the option period in Texas. Krueger says the due diligence period in Houston is typically 10 days for an agent-assisted sale.

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Sales Purchase and sale agreement Earnest money deposit Investor 93

HomeLight

DECEMBER 13, 2022

Here are key considerations when considering an offer on your Virginia home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Whether the property is subject to a community development authority. Require everything in writing. Remember you can counter-offer and negotiate. See the next step!).

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Purchase and sale agreement MLS Agents Sales 105

The Close

DECEMBER 29, 2022

These mortgages were developed in the 1980s in an era of double-digit interest rates when borrowers were hopeful that the rates wouldn’t rise much more. Cost of funds index (COFI). Due diligence period. What if your clients are asking about their due diligence period? Planned unit development (PUD).

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Purchase and sale agreement Title Pre-approval Proof of funds 98

HomeLight

MARCH 24, 2025

While the local market is showing signs of slowing down, investor interest both from within and out of state remains strong, thanks to Avondales steady growth and economic development. Do your due diligence Before committing to a cash buyer, make sure to do your homework.

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Proof of funds Due diligence Sales Banks 52