Profile picture for JulieGill24

what is the process in purchasing a house with cash in full-no loan for a house??

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
April 21 2013 - Garden City
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (6)

Profile picture for JulieGill24
Thank u very much everyone for ur time.. mzrealestate~ Thanks for ur offer but I'm looking into a but the house I'm looking into is in garden city, mi.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
April 21 2013
The process is exactly the same, except that you are able to close sooner since you do not need to wait for the bank to approve a loan.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
April 21 2013
An all cash transaction is essentially the same as a financed transaction. The cash transaction will close if you choose within 10 days if you elect. Please make sure to perform your inspections and review all disclosures. Since a 10 day escrow goes quickly, a buyer and their agent tend to overlook disclosures, inspections that should have been unveiled. 
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
April 21 2013
You make an offer same as any other, however, cash offers have more leverage,... if you work with an agent that is experienced they should know you write the offer differently to encourage a seller to accept it over a financed offer.  I'd be more than happy to work with you if you are looking in the Orange County or Inland Empire,... (949) 910-4295
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
April 21 2013
Profile picture for blub blub blub
The transaction is the same as a purchase with a mortgage.  With a cash offer, there obviously is no mortgage contingency or waiting for loan approval.  The fees may be less as there are no mortgage documents or application fees.

You may be requested to show proof of funds to the seller. 

All other aspect of the transaction are the same.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
April 21 2013
Profile picture for cnrtool1
All I had to do was sign and notarize the HUD paperwork and wire the money.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
April 21 2013
 
Related Questions
what is the process in purchasing a house with cash in full-no loan for a house??
Profile picture for JulieGill24
Latest answer by JulieGill24
April 21 2013 | 6 answers
Why would a bank drop the sale price of a home right before highest and best is due?
Profile picture for Michael Cubstead
Latest answer by Michael Cubstead
March 17 2013 | 11 answers
re: short sale, how long does an offer take to get accepted, how long to close w/mortgage
Profile picture for sunnyview
Latest answer by sunnyview
March 11 2013 | 11 answers
lease homepath home while waiting for mortgage
Profile picture for user1307015
Latest answer by user1307015
June 27 2012 | 2 answers
Mortgage Rates
 
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 31005 Barton St, Garden City, MI Home For Sale
    31005 Barton St, Garden City, MI 48135

     For Sale: $79,900

    • Beds: 3
    • Sqft: 1054
    • Baths: 2.0
    • Lot: 6534
  2. 28616 Warren Rd, Westland, MI Home For Sale
    28616 Warren Rd, Westland, MI 48185

     For Sale: $129,900

    • Beds: 0
    • Sqft: 1500
    • Baths: --
    • Lot: 38768
  3. 31044 Rosslyn Ave, Garden City, MI Home For Sale
    31044 Rosslyn Ave, Garden City, MI 48135

     For Sale: $110,000

    • Beds: 4
    • Sqft: 1320
    • Baths: 3.0
    • Lot: 6534