How Do I Sell My House For Cash?

Purchase Agreement Preparation

Once you accept our cash offer, Our Acquisitions Manager will prepare the purchase agreement. This agreement outlines the terms and conditions of the sale, including the purchase price, closing date, and any additional terms. You will have the opportunity to review and sign the agreement.

Introduction to the Transaction Coordination Team

After you sign the purchase agreement, your file will be forwarded to our dedicated Transaction Coordination team. They will serve as your main point of contact throughout the whole process.

 First Walkthrough

Our TC team will then schedule a 30 minute walk through (at your earliest convenience of course) just to take pictures and videos of your property.

Open Escrow

Our TC will forward all the necessary documents and information to the title company to get title work started.

Note: 99% of real estate transactions go through a neutral third party also known as title company or title attorney. Their sole responsibility is to ensure fairness between the buyer and seller, handle proper collection and distribution of funds, and a clear insurable title passed to the buyer. All title companies that we work with are licensed and insured. No fly by night title companies!

Intake Form

The title company will reach out to you ASAP and will send you an intake form. In this form, you will need to provide some basic information.

• Signing at closing: You can choose either signing at the title’s office or your preferred location via mobile notary

• Getting Your Cash: You can choose either check or wire transfer direct to your bank

Just let our TC team know and they will coordinate it with the title officers.

Title Search

The title company will then order the searches. A Title Search is a process to determine what has occurred with the title and where problems may lie. For most real estate transactions in America today, title companies insure and underwrite either through Fidelity National Title or First American.

If the title is clear, we’re going to proceed with the closing preparation. If not, the title company will let all parties know what the requirements are to clear the title.

Conditions to close

On a normal day, title companies don’t require much in order to get clear to close. They only need some of the following documents to satisfy the requirements – payoff statement, utility bills, tax certificate, etc.

Complicated chain of titles could be more. Some documents could be easy to get, some can take a lot of persistence and some may require private investigators or a third-party company to track down. Our transaction coordination team are experienced with these matters so NO WORRIES!

Closing Preparation

Once the title is clear, our transaction coordinators will make sure that everything is ready and will coordinate to schedule the closing. They will request for the final HUD/Settlement Statement to check the final numbers and to make sure that you’re going to receive the correct amount.

Scheduling the Closing

At this point, our TC team will ask you for your availability to sign. You have an option to be scheduled and sign at the office of the title company or if you’re not able to go to their office –let us know and we’ll schedule a mobile notary for you!

Closing

If you’re going to sign at the title company’s office, the title officer will assist you if you have any questions and will guide you on how to sign the documents.

If you prefer the mobile notary instead, the notary agent will meet you at the address that you provided and will guide you through the signing.

Getting your Cash!

Once all the executed documents are received by the title company, they’re going to submit the documents to the county for recording.

Note: The title company will NOT record the file if they haven’t received the money from us so you’re safe!

The recording usually takes 2-3 business hours.

Once recorded, title officers will initiate the fund disbursement!

Post Closing

Make sure all your utilities have been transferred, HOA or COA have been notified of a sale and or of your move out. Keep your insurance active through the date of closing. Make sure your postal mail was forwarded. Too often we go to a property, the sellers’ mails are sitting there after closing.

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