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Selling Tips6 min readNovember 5, 2023

Understanding the Cash Offer Process: Step-by-Step Guide

Curious how cash home buyers work? Learn the step-by-step process of getting and accepting a cash offer for your house.

Getting a cash offer for your house is simpler than you might think. Here's a step-by-step guide to how the process works.

Step 1: Initial Contact

You reach out to us by:

  • Filling out our online form
  • Calling us directly
  • Emailing us

We'll ask basic questions about:

  • Property address
  • Property condition
  • Your situation
  • Your timeline

Step 2: Property Evaluation

We evaluate your property by:

  • Reviewing property details you provide
  • Checking comparable sales in your area
  • Considering property condition
  • Factoring in repair costs (if needed)
  • Understanding your situation and timeline

We may also schedule a property visit if needed.

Step 3: Cash Offer

Within 24-48 hours, we'll present you with:

  • A fair cash offer
  • Explanation of how we arrived at the number
  • Timeline for closing
  • Answer to any questions

The offer is:

  • No obligation
  • Free to receive
  • Valid for a set period (typically 7-14 days)

Step 4: Your Decision

You decide whether to:

  • Accept the offer
  • Ask questions
  • Compare to other options
  • Decline and explore other methods

There's no pressure. Take your time to decide.

Step 5: Acceptance and Contract

If you accept:

  • We prepare a purchase contract
  • You review the contract
  • We answer any questions
  • You sign the contract

The contract outlines:

  • Purchase price
  • Closing date
  • Terms and conditions
  • What's included/excluded

Step 6: Due Diligence

After contract signing, we:

  • Conduct property inspection
  • Review title work
  • Verify property details
  • Handle any issues that arise

This typically takes 3-7 days.

Step 7: Closing Preparation

We prepare for closing by:

  • Working with local attorneys
  • Preparing closing documents
  • Coordinating with title company
  • Scheduling closing date

You typically need to provide:

  • Property deed
  • Identification
  • Any required disclosures

Step 8: Closing

At closing (typically 7-14 days after contract):

  • You sign closing documents
  • We provide funds
  • Title transfers to us
  • You receive payment

Closing can happen:

  • At a title company
  • At an attorney's office
  • Sometimes remotely (depending on situation)

Step 9: You Get Paid

After closing:

  • You receive funds (typically by wire transfer or check)
  • Mortgage is paid off (if applicable)
  • Any liens are cleared
  • You're done

The entire process: 7-14 days from acceptance to closing.

What Makes It Simple

The cash offer process is simple because:

  • No repairs needed
  • No staging required
  • No showings
  • We handle most paperwork
  • Fast timeline
  • No financing delays

Common Questions

Do I need to clean the house? No, we buy as-is.

Do I need to make repairs? No, we buy in any condition.

What if I change my mind? Check your contract, but most allow backing out before closing.

How do I get paid? Typically by wire transfer or check at closing.

What about my mortgage? We pay it off at closing from the sale proceeds.

Getting Started

The cash offer process is straightforward. If you're considering it, start by getting a free offer. It takes 24-48 hours, there's no obligation, and it gives you options.

We're happy to walk you through the process and answer any questions. We've helped many homeowners in North Carolina, and we make the process as simple as possible.

Call us at (828) 677-2776 or get your free cash offer.

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Author: We Buy Houses In Carolinas

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