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What Is the Paperwork Process for Selling to a Cash Home Buyer?

Paperwork Process

When you decide to explore the possibility of selling to a cash home buyer, you probably have a few questions that need to be answered. At KC Property Guys, one of the most common questions we hear from people who call is: How does the process work?

The first step is to visit your property, discuss your needs, and agree on a price.

Once that is done, we move on to setting up the closing. This is an important part, and what happens so we can pay you for the house.

Setting the Closing Date

One of the most important parts of selling your house for cash is setting the closing date. It is important to note that we are completely flexible. You can pick a date that works for your situation and needs. We can close in two weeks, two months, to years – whatever works with your timeline.

Guaranteeing the Closing

Another important part of the closing process is ensuring that the sale happens on the date you choose. To provide confidence in our intentions to buy, we use the services of a third-party closing company in the local area.

The closing company will guarantee a clean title is transferred to us and protect you as a seller. The closing company will also provide you with our three-page simple real estate contract. In this contract, we list the agreed-on price, legal location of the property, the close date agreed on, and any deposits being paid.

We use a professional closing company to ensure the best possible results. This avoids the need for a real estate attorney, quick claim deals, handshake deals, and more that don’t offer any real sense of security.

The closing company we use will also serve as the escrow company. This means this company is the one who will submit the payment to you after closing. They also handle any third-party debts on the property, which means you don’t have to worry about this or handle it yourself. Essentially, the closing company do everything needed to ensure the closing process goes smoothly. They orchestrate the following:

  • Underwriting
  • Third-party transactions
  • Coordination between buyer and seller
  • Close on the agreed-on date

It’s important to note, compared to some cash home buyers, our contract is simple and straightforward. We want to ensure that the process is streamlined and that the offer we give you meets your needs and addresses any variables in the situation.

We encourage our sellers to read every line of the contract and ask questions about anything that is not clear.

Even if you are just entertaining the idea of selling to a cash home buyer, we encourage you to reach out. Our team can discuss your options and help you get the offer and results you need. At KC Property Guys, we want to ensure the process is as streamlined and efficient as possible. Contact us today to learn more and ask any questions you have.