How to make an Cash Offer?

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 7 years, 8 months ago.



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    Anonymous

    Hello Forum,

    I want to make an cash offer on a REO house and I wonder what are needed?

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    Do I have to hire an agent? or maybe I can get a lawyer instead?

    Do I need to have all the cash ready when making the offer? Or I will have some time after Offer made to liquidate assets? If yes how much time do I have?

    Do I need to prove source of the money for the purchase as with Downpay for a Loan?

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    Also for an REO, how much lower can I go with an Cash offer? 10% listing?

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    I would really appreciate any help/advices.

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