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Distressed homeowners have a new path to avoid foreclosure

Housing Wire

For those who are struggling to repay their mortgages, the process aims to help them avoid foreclosure and retain their home equity. Every distressed customer deserved a chance to protect their equity, and Auction.com is going beyond auctions to make that possible, President Ali Haralson said in a statement.

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Cash offer startup Accept.inc raises 90M in debt and equity

Housing Wire

Mortgage startup Accept.inc announced Thursday it raised $90 million in debt and equity. Led by venture capitalist firm Signal Fire as well as existing seed investors Y Combinator and DN Capital , Accept.inc said it plans to use the funding to scale its platform, double its team size and enter new markets.

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How to Find Cash Home Buyers in Las Vegas for a Simplified Sale

HomeLight

Las Vegas attracts a variety of cash buyers, from equity-rich Baby Boomers to large investment firms. Before signing an offer, ask for proof of funds Confirming that a cash buyer has the necessary funds available is a critical step in the selling process. This marked a 2.6

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The Process for Buying Land with Cash in 11 Simple Steps

HomeLight

First, the seller is likely to want to see proof of funds. Proof of funds should be on an official letterhead from the institution where your funds are. The date, name of the account holder, and the balance of funds should all be listed.

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Selling to Florida Cash Home Buyers: Tips from Experts

HomeLight

Before signing an offer, ask for proof of funds. The serious, professional, reliable home buyers will gladly show you legitimate proof of funds.”. Also check to make sure the company is listed with the Better Business Bureau. How to request a cash offer in Florida. Not sure how to find a cash buyer in Florida?

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Your Conclusive Guide to Buying a House with Cash

HomeLight

If you’re using cash, you’ll have to show proof of funds with your offer. Saving cash takes time, and you’re missing out on equity in the meantime. Equity is a great wealth-building tool for the long term, but what if you need cash today? To make an all-cash offer , you’ll need proof of funds.

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How to Sell a House to a Friend So No One Feels Cheated: 11 Do’s and Don’ts

HomeLight

For example, if you offer your friend a discount on your home – intentionally or not – it may be considered a “gift of equity” subject to gift taxes. That way, you can provide documentation to your tax advisor to determine if you made a gift of equity to your friend. Source: (Christina @ wocintechchat.com / Unsplash).