Dallas Cash offer will purchase your home or property via a cash transaction versus getting a traditional mortgage. This is very important to you as a seller of real estate for a number of reasons.
1. Quicker closing time-frame. In most cases, we can close a property in 7-14 days.
2. No appraisal contingencies. We do not use appraisers in our transactions; thus we are more likely to close than someone getting a mortgage from a bank. If a property does not appraise for the contracted price and the buyer is obtaining a traditional loan from a bank that requires a 20% down payment or less, the lender typically will not fund the transaction unless the buyer brings more money to the table or you as the seller discount your property further. This can lead to a deal falling apart or a buyer backing out. If you work with Dallas Cash Offer you do not need to worry about this situation.
3. No loan funding contingency. Normal buyers buy real estate by leveraging a loan from a bank. In this scenario, the bank will not fund or commit to fund the loan until the very end. If the bank changes their mind, they can deny the loan, for whatever reason, which will cause the deal to fall apart and in many cases the buyer will walk. Common reasons for this include: buyer qualification changes and change in employment or income. Again, you do not need to worry about this problem when working with Dallas Cash Offer.
4. No inspection contingency. We typically do not put inspection contingencies in our offers.. In a normal transaction, a home buyer will put a 7-14 day inspection contingency in the contract which allows them to terminate should any item be discovered during inspection that is unfavorable. We understand we are buying your home that most likely needs repairs.
Ready for a cash, no contingency offer for your distressed property? We buy homes throughout Texas including:
- Dallas
- Denton
- Lewisville
- Flower Mound
- The Colony
- Little Elm
- Frisco
- McKinney
- Plano
- Richardson
- Allen
- Murphy
- Wylie
- Rowlett
- Rockwall
- Sunnyvale
- Mesquite
- Garland
- Lancaster
- DeSoto
- Duncanville
- Balch Springs
- Forney
- Arlington
- Grand Prairie
- Irving
- Farmers Branch
- Carrollton
- Bedford
- Euless
- Keller
- Grapevine
- Coppell
- Corinth
- Colleyville
Call or click today. Fill out the form on the right, and one of our friendly buyers will be in touch within 24-48 hours.