Don't Accept an All Cash Offer until you Read the Terms, and Conditions. 1st let's understand the Sell of your Home. No Matter if it's Financing or Cash, when Escrow Closes you will receive Cash. You see the Ads on the Internet, the Signs on the side of the Road "We Buy Homes for Cash". Some are Legitimate Investors, trying to find a Good Deal. Some are Wholesalers, Trying to Earn a Profit by Assigning their Contract they have with a Home Owner.
Buying a Home is one of the Biggest Investment decision you will make in your Life. Selling your Home is another Big Decision you will make in your Life.
Always Sell your Home with an Experienced Licensed Real Estate Professional. Your Real Estate Agent will Price your Home to get you the Best Market Price. An Experienced Real Estate Agent will use the Tools necessay to get you Maximum Exposure. Don't Settle for Less.
Here are some Tips to Sift the Real Investors, from the Frauds. If they're paying all Cash, require a 10% Earnest Money Deposit into an Escrow Company of your Choice. 10 Day Contingency Clause to Fulfill their Inspections, and Investigation. 5% of the Purchase Price retained by the Home Owner if a request to extend the Contigency Period. If the Investor moves forward, with the Transaction the 5% will go towards the Purchase of the Property.
If they are giving you a Cash Offer for a Full Asking Price, Excellent.
If you are thinking of Selling a Home in San Diego, County California Call:
1st Prime Realty
CA D.R.E. LIC 01456248