Frequently Asked Questions
The Most Trusted Cash Home Buyer in Virginia, Maryland, and DC.
Will the Cash Offer Change After the Walkthrough or Inspection?
It can, if the first number was based on incomplete information or if the contract lets the buyer renegotiate. A trustworthy process is the opposite: you disclose condition up front, the buyer verifies it, and the written offer is the number you close on unless something material was hidden or unknown.
Why do some cash offers drop later?
Some buyers use a high opening number to get the house under contract, then subtract repairs after they walk through. That is one of the most common complaints in this industry.
How do I reduce the chance the number moves?
Tell the buyer about roof issues, water damage, foundation cracks, code violations, tenants, and liens before they bid. Ask whether the offer is subject to inspection and what would allow a price change. Get the terms in writing and demand a non-refundable deposit equal to 7% of the purchase price.
Does Express Home Buyers inspect every house?
We do a walkthrough of the property so the offer matches the as-is condition. We are not using a retail appraisal the way a bank would. The point of the visit is to confirm what you already told us, not to invent a new price.
What should be in the contract?
The purchase price, the closing date, who pays which closing costs, and any inspection or walkthrough rights. If those rights exist, they should be short and specific, not open-ended.
Can a cash offer still fall through after you agree on price?
Yes, if title cannot be cleared or a party fails to perform. Price renegotiation after a surprise condition issue is different from a title problem. Ask both questions separately.
This is general information, not tax or legal advice.
Video Transcript
Will the cash offer change after the walkthrough or inspection? It can, if the first number was based on incomplete information or if the contract lets the buyer renegotiate. A trustworthy process is the opposite: you disclose condition up front, the buyer verifies it, and the written offer is the number you close on unless something material was hidden or unknown.
Why do some cash offers drop later? Some buyers use a high opening number to get the house under contract, then subtract repairs after they walk through. That is one of the most common complaints in this industry.
How do I reduce the chance the number moves? Tell the buyer about roof issues, water damage, foundation cracks, code violations, tenants, and liens before they bid. Ask whether the offer is subject to inspection and what would allow a price change. Get the terms in writing and demand a non-refundable deposit equal to 7% of the purchase price.
Does Express Home Buyers inspect every house? We do a walkthrough of the property so the offer matches the as-is condition. We are not using a retail appraisal the way a bank would. The point of the visit is to confirm what you already told us, not to invent a new price.
What should be in the contract? The purchase price, the closing date, who pays which closing costs, and any inspection or walkthrough rights. If those rights exist, they should be short and specific, not open-ended.
Can a cash offer still fall through after you agree on price? Yes, if title cannot be cleared or a party fails to perform. Price renegotiation after a surprise condition issue is different from a title problem. Ask both questions separately.
If you want a written as-is offer with clear terms, request a no-obligation cash offer at Express Home Buyers dot com and disclose the home's issues up front.