Due diligence House Flipping Proof of funds Title 
HomeLight
AUGUST 31, 2021
“You make a phone call or answer some questions online, agree to an offer, and then it’s not something you have to worry about anymore,” says Doug Van Soest , owner of a house flipping company in Southern California, in describing the typical way things go. Ask for proof of funds and EMD. Check their BBB rating.
HomeLight
MARCH 13, 2023
Competition from house-flip companies. Both parties sign a contract and submit it to a title company. Instead, however, he advises sellers to validate cash buyers for proof of funds. However, “if there’s no issue with title commitment,” Hoeke says it can sometimes be done in one to three days.
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