Remove Inspection Remove Proof of funds Remove Staging
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What’s Required to Sell a House Without a Realtor?

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Pre-inspection. Getting a pre-listing inspection can facilitate a quicker sale because it eliminates surprises – and gives the seller time to fix major flaws. Home inspection report. To ward off home-inspection pitfalls , check off any necessary home repairs. Check your state’s specific disclosure laws. Photograph it.

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Wait! Read This Before You Sell Your House for Cash

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Translating that to real estate terms, selling a house for cash goes something like this: Request an offer: You skip the staging and showing process and go straight to requesting an offer. Even if you’re selling “as is”, an inspection could still be required. Ask for proof of funds and EMD. Request Cash Offer.

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What Does the Process of Selling a House for Cash Look Like?

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Pass the home inspection. For example, some investors will purchase the home “as is” but still require an inspection; some will offer to waive the inspection entirely , though it may mean accepting a reduced price to hedge the investor’s risk of finding major issues with the property. Complete the home inspection.

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

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Harvell also suggests getting concrete proof that the buyer has purchased properties in their name as part of the vetting process. I’m not talking about a ‘proof of funds’ letter — those are easily manipulated,” he says. “If Verification of funds. Inspection period. Step 6: Pass the inspection.

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Selling to Florida Cash Home Buyers: Tips from Experts

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There are plenty of reasons to have a real estate agent in your corner — visibility in the MLS , help with stagings and showings, assistance with negotiations and contracts, to name just a few — and now you can add sourcing a cash buyer to the list. Before signing an offer, ask for proof of funds.

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Definitions for Deal-Seeking Buyers: Short Sales, Foreclosures, and REO Homes

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You will learn what each stage of the process looks like as we define the different terms clearly. One thing to keep in mind, though, is that the seller probably isn’t going to have cash reserves available to fix any issues uncovered in the inspection before closing. You aren’t able to inspect the property beforehand, either.

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

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Now you can skip the part where you stage, show, and market the house, which makes you want to do a little happy dance. If your friend plans to pay for your home with all-cash, then you want to have your attorney verify proof of funds. Do: Plan for the buyer’s home inspection and appraisal. Well, that day has come.