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Things to Watch When Selling a House for Cash Written by Sherry Davis Zander; Updated July 19, 2017 Receiving cash for the sale of a home is a homeowner’s dream.
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But you can avoid closing problems and delays, or at lease minimize them, by understanding what might go wrong and monitoring it well ahead of your closing date. What happens at closing is the culmination of more than a month of gathering and preparing documents.
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What if I am Under Contract with No Buyers. Newest Posts . Newest posts; unanswered discussions. That’s why you need to spend time and energy developing a REAL cash buyer list so you can blast your deal out to a bunch of qualified buyers.. do you still want to buy the property? most.
First, you need to understand the exact dimensions of the parcel of land you are evaluating. Next, call the local zoning department and ask them what the designated building setbacks are for the property in question (building setback requirements are very common, and are imposed as a way of giving order and consistency to the buildings in any given area).
If you took out a home equity line of credit when interest rates were low, you may be feeling the pain of higher rates. Here’s what to do when the draw period on your HELOC ends.
You could do what most investors do and just buy close to home, hoping you buy the right property, in the right area, at the right time of the property cycle. But with such a large investment are you prepared to potentially throw money down the drain, or gamble hoping the area you buy in is actually good and not about to go backwards in value.
Even if it’s not your first time, buying a home can be frustrating and stressful, as it can take weeks or months to locate the right house.Plus, with each bid, there’s a chance that the property owner will reject your offer and go with another buyer. good real estate agents understand this frustration, and often go above and beyond to keep you happy.