Remove Due diligence Remove Earnest money deposit Remove Renovation
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What to Look Out for when Working with Cash Buyers

CT Homes

When a buyer submits a “Non-Contingent” offer, they are essentially forfeiting any and all of their privileges to perform due diligence on a property they’re interested in. It’s a loaded question, and depends on a couple things… the complexity of the renovation necessity of additional inspections (I.e.

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What to Look Out for when Working with Cash Buyers

CT Homes

When a buyer submits a “Non-Contingent” offer, they are essentially forfeiting any and all of their privileges to perform due diligence on a property they’re interested in. It’s a loaded question, and depends on a couple things… the complexity of the renovation necessity of additional inspections (I.e.

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article thumbnail

What to Look Out for when Working with Cash Buyers

CT Homes

When a buyer submits a “Non-Contingent” offer, they are essentially forfeiting any and all of their privileges to perform due diligence on a property they’re interested in. It’s a loaded question, and depends on a couple things… the complexity of the renovation necessity of additional inspections (I.e.

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Buying a House in Atlanta? Be Ready for Hot Summers and Hot Market

HomeLight

Remember, renovated homes in trendy in-town neighborhoods or country club subdivisions can easily cost two to three times the median price. But if you change your mind after the due diligence period is over, you could lose your earnest money deposit.). Source: (I Do Nothing But Love / Unsplash).

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Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

They sign the lease just a couple of weeks after the home is renovated and ready for occupancy. He routinely works with multiple crews of contractors so he completes renovations at a lower cost and with fewer headaches than most homeowners. The buyer does due diligence during the option period in Texas.

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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

They can purchase a property at a discount, providing value through a quick sale to the owner, and leverage their funds and expertise toward a profitable renovation. If the whole house has been renovated recently and the seller wants full market value, they’re typically better off working with an agent.”. Earnest money deposit.

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Buying a Foreclosure at a Home Auction? Here’s How Much You’ll Probably Spend

HomeLight

But, as we’ll discuss below, the home’s current condition might set it apart from other comparable homes in the area, dragging its value down until it’s been renovated or repaired.). They’ll likely need renovations, whether you’re living in it or you plan to rent to a tenant. Constantine recommends you do your due diligence.