Sunday, October 03, 2010

Close Escrow in a Week in San Fernando Valley

Are you planning on buying a bank owned or short sale home with an all cash offer?  The great news is that you can close escrow in as little as a week.

There are many benefits to being an "All-Cash" buyer.  The first and best is that the seller might accept your lower offer knowing you can close in a week and without the issues of an appraisal and difficult underwriting guildlines a lender will have.

Here are some of the benefits...
  • No appraisal inspection/appraisal review issues or delays
  • No loan or underwriting issues or delays
  • Parties having the option to waive certain reports or inspections that they are not interested in paying for, that a lender may require as part of the loan process
  • The buyer paying less money in closing costs

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