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Cash buyers should have actual cash on hand. Proof of Funds should come from a current bank statement.
True cash buyers do not need clauses in their contract that allow them to back out or cancel the deal with you.
Earnest money is a guarantee that the buyer will close or the deposit money is yours. Serious cash buyers have no problem putting down larger earnest money deposits.
Professional real estate investors can close as quickly as the title is cleared and the process generally should not take more than 30 days.
True cash buyers are prepared to close the sale without having to find another buyer. They have the funds to close where most wholesalers do not.
The usage of this phrase by the buyer on a contraction be a red flag that the buyer intends to try and flip the contract and is not prepared to close the transaction.
Temple, Belton, Salado, Harker Heights, Killeen, Jarrell, Copperas Cove, and Cameron.