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Updated almost 13 years ago on . Most recent reply

User Stats

145
Posts
6
Votes
Daniel H.
  • Worcester, MA
6
Votes |
145
Posts

Cash Offers

Daniel H.
  • Worcester, MA
Posted

Looking at making a cash offer on a property. How should I set up the timeline on the purchase offer? It should be able to move faster than if I had to obtain financing but want to make sure I have enough time to get everything I need to done before closing.

What exactly needs to be done differently with a cash offer? Still do all the title stuff, etc..

Never done it before.

Most Popular Reply

User Stats

257
Posts
130
Votes
Chris Calabrese
  • Residential Real Estate Agent
  • Mt. Pleasant, SC
130
Votes |
257
Posts
Chris Calabrese
  • Residential Real Estate Agent
  • Mt. Pleasant, SC
Replied

Generally you can close as fast as your closing attorney can get the title work done, as long as the seller is ok with it. I know around here they can rush and get one done in under a week (contract Monday, close Friday).

This is assuming you have no other contingencies, inspections, etc. If you're trying to make attractive cash offers, you should avoid those anyway.

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