Cash Offer

[Harry Metzinger]

Hi BP, I am currently evaluating a property where I know a cash offer is looked upon favorably compared to purchasing with a conventional mortgage. I am in position to make a cash offer this week. Since the process from offer to close could move along very quickly, my concern is missing an important step or two along the way. If my offer is accepted, obviously I need to have the funds ready, get an inspection scheduled, line up homeowners insurance, and establish escrow with a title agency. I am curious what other aspects of the purchase I need to consider? Also, have you learned any valuable lessons in instances where you purchased w/ cash (I am including private money, hard money, and HELOC funds when I say cash)? Thanks in advance.