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In most cases, it says, you’ll receive an offer within 48 hours, with the sale finalized within two weeks. ... Look up the company’s profile with the Better Business Bureau, read online ...
How to get an instant cash offer for your house - AOL
A buyer paying cash looks especially appealing to sellers, since hiccups can happen with securing financing from a lender — for example, the appraisal can come back too low, or the buyer’s ...
[1] [11] From an Instant buyer company’s perspective, the higher fees cover the investment risk involved in holding the property for a potentially long period of time. [12] For a seller, the fees are paid in exchange for a much faster property-selling process than with a traditional real estate model and for avoiding the need to make repairs ...
Other lenders assist mortgage buyers compete against cash offers. For example, a mortgage company may provide a buyer a commitment prior to identifying a home. This differs from a pre-approval letter, which is a formal estimate of what a buyer can afford - not an obligation. A commitment, however, does not account for the appraisal contingency ...
In exchange for this, the FSBO seller must pay a commission to any agent that brings a buyer. The end result is that sellers spend about half of what they would have paid with a regular listing. [citation needed] The agent who brings in the buyer may also prepare the majority of the paperwork for the sale. Since the agent is representing the ...
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