Can I buy a home with cash on KoseApp?
Yes, you can! KoseApp supports all types of purchases, including cash offers. You’ll still need to provide proof of funds, but no mortgage is required.
What does “cash offer” mean?
A cash offer means you’re buying the home without using a loan. You pay the full price upfront, usually through a wire transfer—not actual physical cash.
Do I get any benefits from paying in cash?
Yes! Cash buyers often close faster, skip loan approvals, and may have an edge in competitive markets since sellers like fast, guaranteed deals.
How do I prove I have the money to pay in cash?
You’ll need to show a proof of funds document—this could be a bank statement, letter from your bank, or financial account summary showing you have enough to cover the full cost.
Can I still use KoseApp if I’m paying cash?
Absolutely. KoseApp helps both cash and mortgage buyers. You can make offers, connect with agents, and complete the whole process through the app.
How is the payment made for a cash purchase?
Cash payments are usually made by wire transfer through your bank to the title or escrow company. It’s safe, secure, and never done with actual cash in hand.
Do I still need a title company if I’m paying cash?
Yes. Even without a loan, a title company is needed to handle paperwork, legal checks, and the safe transfer of money and ownership.
Do I need an appraisal if I’m paying cash?
It’s not required, but it’s a smart move. Getting an appraisal helps make sure you’re not overpaying for the property—even if you’re buying it outright.