Cash deals first need to be verified with a bank account with at least the amount of he purchase in it. Not a letter that says the buyer has the money, but an actual bank account that has the buyers name on it. It's like the mortgage company when they verify that where a down payment comes from on a home purchase.
You also need to understand the offers inspection details and how they may not pay you all the money they are offering. There are a lot of bigger companies like IBuyer that offer cash for your home. There will be inspections and tons of paperwork to get your home closed. Sometimes that ask for substantial discounts on their cash offer after their inspections.
There are private buyers that have a lot of money also that also offer cash for your home. Our company represents those types of clients that pay cash with no paperwork from the seller.
We have closed 100's of homes with cash and it is much easier than selling your home to a buyer with a mortgage and in most cases the larger cash buying companies.
We take homes as is and with no repairs almost 100% of the time. We know how much things cost to rehab and have a detailed repair list to our client so they understand the cost. The seller never will see that list, we just give the seller an offer to except or not.
Buying real estate is all about knowledge of the area and cost of repairs. We are always pushing to find new areas to purchase in that makes sense for our clients. We have also rehabbed over 1000 homes.
So anytime you need to list or sale your home call me I'm Brett and I can get you best way to sell your home. 100's already done and doing more everyday. Call 216-703-5740 Icon agent at EXP Realty in Ohio and 602-363-6551 EXP Realty Arizona
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Thank you