Before You Sign a Cash Offer, Check These 8 Things
A real cash sale should be clear before escrow opens. Use this checklist to compare buyers, avoid wholesaler traps, and understand what will actually happen at closing.
Ask for proof of funds before signing.
If the buyer avoids this question, slow down. Confusion before signing usually becomes stress before closing.
Confirm the buyer is not assigning your contract to someone else.
If the buyer avoids this question, slow down. Confusion before signing usually becomes stress before closing.
Close through a licensed title company or escrow company.
If the buyer avoids this question, slow down. Confusion before signing usually becomes stress before closing.
Get the offer, closing timeline, and seller costs in writing.
If the buyer avoids this question, slow down. Confusion before signing usually becomes stress before closing.
Ask what happens if title shows liens, taxes, old loans, or missing signatures.
If the buyer avoids this question, slow down. Confusion before signing usually becomes stress before closing.
Do not sign under pressure. A serious buyer should let you review the contract.
If the buyer avoids this question, slow down. Confusion before signing usually becomes stress before closing.
Watch for large inspection periods that let the buyer renegotiate later.
If the buyer avoids this question, slow down. Confusion before signing usually becomes stress before closing.
Ask whose name will be on the purchase contract and closing documents.
If the buyer avoids this question, slow down. Confusion before signing usually becomes stress before closing.