Review the named buyer, evidence of funds, deposit, contingencies, and assignment language before choosing a direct offer. This site explains what to ask and identifies the real operator receiving your inquiry.
A direct-buyer due diligence checklist for Washington sellers: the sale process
1. Identify the proposed buyer
2. Test the written terms
3. Verify the closing channel
Put the agreement ahead of assumptions
Prepare the details for this review
- Named buyer: Record the legal entity and the person authorized to answer agreement questions.
- Funds and escrow: Note the proposed escrow company and what evidence of funds was provided.
- Deposit: Record amount, due date, holder, and questions about cancellation provisions.
- Assignment: Ask whether it is permitted and what responsibility remains with the named buyer.
- Review before signing: List unresolved conditions, expenses, and possession terms for your adviser.
Discuss your property