Become a Cash Ready buyer who can make an offer that is non-contingent in only 7 days.

Why? It puts you in the driver’s seat because sellers are more willing to negotiate and accept offers from buyers who are non-contingent.

Committed to empowering the first-time homebuyer
non-contingent buyer playfully holding a box with his child inside
By preparing you make the home-buying process as easy as 1, 2, 3!

Apply

Just like a traditional home loan, submit your information to see if you qualify.

Cash Ready

After being fully approved, submit a competitive Cash Ready offer on the home of your choice.

Close Fast

You can expect to close in as few as 10 business days.

SAFE
The risk and cost are no different than a financed buyer.

SIMPLE

YOU are the buyer on the contract and at closing.

SWIFT

Once approved, close in as few as 10 days.

“We were given cash offer from instant buyer companies.  When we received a non-contingent offer from a  family were happy to sell to them.”
– Recent Seller

“We were frustrated with our offers being overlooked.  MegaStar providing the pre-funding check made all the difference. We love our new home!”
– Recent Buyer

FREQUENTLY ASKED QUESTIONS

In addition to being the swiftest way to the home of your dreams, according to Investopedia, people who offer sellers cash for their home can typically offer up to 5% below market price.

If you are renting, you are really paying 100% interest towards your landlord’s mortgage, not yours.

Additionally, when you purchase with a fixed-rate mortgage, you are not going to get priced out of your neighborhood.

Yes, we have a 7-day due diligence inspection window. Because of the fast turn, sellers don’t have to worry about long stints off-market. After the inspection period, your earnest money is protected by Megastar.
No. While the program is best suited for first-time homebuyers, as long as you will not have a contingency on the sale of a current home, you may qualify.

No! You are the buyer on the contract and the buyer who closes on the loan. No double closings, or rent backs. 

Because you are a traditional financed buyer, the risk is no different between a Cash Ready buyer and a financed buyer. This program simply seeks to prepare buyers ahead of time by completing all necessary origination processing steps upfront to guarantee the buyer is qualified.

“A good reason why you may want to offer below 5% is when you’re paying with cash (although companies who offer sellers cash for their home will typically offer 65% below market price).”

Publisher: HomeLight
Article: Is It Too Low? What Is Reasonable to Offer Below Asking Price
Link: https://tinyurl.com/2jp6kbmh

    1098 forms were mailed 1/26/2024. 

    If you have questions or need assistance with your 1098 form, please send your question to servicing@megastarfinancial.com.