What does the full process look like?
Adrienne
July 18, 2022 — Read in 1 min

The full steps of a completed Redwood Cash Buyer program look like this- 

  • Buyer(s) receive TBD Underwriting approval from Day 1 Mortgage
  • Buyer(s) receive pre-funding status from Redwood Cash Buyer
  • Redwood Power Buyer submits a cash offer, or “cash backed” offer on their next home
    • Prior to submitting offer, client agrees to purchase home after closing from Redwood Cash Buyer
  • Buyer(s) conducts a Home Inspection (HI) and removes the HI contingency
  • Redwood Power Buyer closes on client’s “new home”
  • Buyer(s) sell “old home”, if needed
  • Buyer(s) purchase “new home” from Redwood Cash Buyer
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