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HomeLight’s Simple Sale displays your property to a network of cash-buying real estate investors. If you receive an appealing offer, you can get paid in just 10 days, and you have up to 30 days ...
Homes in Raleigh typically spend about 35 days on the market before selling, according to Redfin data, and then you must wait for the buyer’s financing to be approved before you can close.
The term ‘instant’ refers to the fact that this type of business aims to provide a faster cash offer on a property than traditional real estate brokers. Valuation of the property takes place online and is an instantaneous or near-instantaneous process which makes use of machine learning and AI technologies.
Key takeaways. All-cash real estate transactions are on the rise, representing 34.1 percent of U.S. home purchases in September 2023, according to Redfin data.
A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
A cash offer can be a really important tool in helping real estate investors get more deals because if you are able to pay cash you can close more quickly. 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.