9 Questions Before Accepting a Cash Offer

Which nine terms can change a cash offer?

Read the whole written offer and request proof of funds that matches the named buyer and purchase amount.

Ask nine questions before acceptance: 1) who is the named buyer; 2) what proof supports funds; 3) which deposit and deadline apply; 4) which inspections remain; 5) whether assignment is allowed; 6) which title conditions apply; 7) the requested possession date; 8) the remedy if closing fails; and 9) whether the net and timing work for you. A cash label does not remove the need to read every contingency.

How do you verify cash and authority?

Compare net proceeds, deposits, contingency dates, repair requests, possession, and cancellation rights on the same sheet. A higher price may not produce a better outcome after credits, timing, or uncertain performance.

What must be clear before acceptance?

Use the title company and broker to confirm the next steps and payment instructions. Do not accept revised wiring instructions by email alone.

Before deciding about 9 Questions Before Accepting a Cash Offer, what will you document?

Compare the written offer, proof of funds, deposit, title, possession, and default terms as one package before accepting.