Friday, October 2, 2020

Effortless Home Buyers - What is a cash offer?



What does a cash offer mean?
This isn’t literally we are bringing physical cash bills onto the table. It means we are purchasing the property without a loan.
This means we can close in 15 to 30 days in as-is where-is condition.
To learn more, you can visit our website at:
https://www.effortlesshomebuyers.com/
Fernando O. Angelucci is Founder and President of Titan Wealth Group. He also leads the firm’s finance and acquisitions departments. Fernando Angelucci and Steven Wear founded Titan Wealth Group in 2015, and under his leadership, the firm’s revenue has grown over 100% year over year. Today,
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What is a Cash Offer? And what does that mean?



That doesn't mean that we're actually bringing physical cash bills to the table. What it means is that we are not going to be purchasing the property with a loan of any kind. In our cash offers, we offer to close on the property within 15 to 30 days in "As is - Where is" condition. What "As is - Where is" condition means is as the property sits, we are agreeing to buy it. There's no repairs that you'll need to make. There's literally nothing that you have to do. You don't even have to clean out the property. You just take the things that you, that you want. And anything else that you think is trash just leave in the property for us and we'll take care of it. That's our Cash Offer is one of the five offers we'll actually make to every seller that contacts our company.



One of the situations that we've had in the past is a seller asking, Hey, you know, Fernando, I need to pay down this debt. I need to be able to close on this property in the next 15, 30 days, because I have a foreclosure that's coming up. Because it's a foreclosure and there's a hard deadline, we need to be able to close on this deal within that timeline or else I risk losing the property back to the bank, which impacts my credit. And then it also causes me to lose all the equity that I had stored up in that property. So we were able to help that individual and get the property closed in about 22 days.


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