24-Hour Close

24-Hour Close Frequently Asked Questions

Can I really close in 24 hours?

That's the goal! The 24 Hour Close timeline does not go into effect until you've signed your purchase offer and we're officially under contract. First, you must submit your request for a cash offer and select the 24-hour closing option when answering "How soon would you like to close?" As soon as you accept our offer, we work quickly with you to gather all required documentation and perform our necessary due diligence so we can present the contract to you, open escrow and close within 24 hours.

Customers already under contract with us do not qualify for a 24-Hour Close. However, we'll be happy to work with you to accelerate close of escrow based on your individual needs.

Does closing in 24 hours cost me any more than a regular cash sale with Offerpad?

Just a little. As a national first in the real estate ibuyer industry, Offerpad's 24-Hour Close is a premium service that includes expedited inspections and fees, white-glove premium service and increased risk assessment, for which there is an additional 1% fee based upon the final purchase price of your home. Other than that, you and Offerpad are each just responsible for the customary closing costs typically assessed to buyers and sellers in the state where your property is located. Also, when signing your purchase contract, $2000 from your proceeds of the sale will be held in escrow. These funds will be released to you after close of escrow once all title information has been cleared.

How long do I have to move out?

Your home must be vacant by close of escrow. However, if you need additional time to move out, you can take advantage of our 3 or 90-day Extended Stay options. Please speak with your Solutions Advisor for more information if you anticipate needing more time to remain in your home after closing.