Don't let financing or home sale delays get in the way of your closing
Get Started for FreeIf your client’s existing home hasn’t closed on time or you need more time to secure your loan, Ribbon can step in to close with cash so your client can secure their dream home.
Close on time with Ribbon and give your clients the peace of mind
Ribbon can close in as few as 14 days giving your client the time and flexibility to secure financing
Our experienced customer support representatives will be with you every step of the way to coordinate the close and secure your client’s dream home
Speak with our team about what’s risking your client’s closing and we’ll jump into action.
Ribbon can step in with cash to remove contingencies. Once we’ve ensured the closing, your clients can move in right away.
Your client will have up to 180 days to secure financing and buy their new home back from Ribbon for the original price.
Your client will pay a small transaction fee at closing in addition to rent while we hold the new home.
Based on the carrying costs of the home
* If your client closes on the new home without Ribbon cash, the transaction fee is reduced to 1%.
Based on the carrying costs of the home
* If your client closes on the new home without Ribbon cash, the transaction fee is reduced to 1%.
Based on the carrying costs of the home
* If your client closes on the new home without Ribbon cash, the transaction fee is reduced to 1%.
Based on the carrying costs of the home
* If your client closes on the new home without Ribbon cash, the transaction fee is reduced to 1%.
Based on the carrying costs of the home
* If your client closes on the new home without Ribbon cash, the transaction fee is reduced to 1%.
Unfortunately, cash deals can fall apart last minute for a variety of reasons. RibbonCash Offers are stronger than traditional cash offers for two reasons.
The first is that we are able to waive the appraisal contingency and home sale contingency—eliminating two contingencies that regularly lead to deal fall through. The second benefit is that the deal is guaranteed to close once the inspection period ends. We have a 100% on-time closing rate!
No. Buyers must be mortgage-eligible to use Ribbon and must secure financing within 180 days to repurchase their home from Ribbon.
Any buyer who is mortgage-eligible can use Ribbon. We work with all types of buyers. Just to name a few, we often work with first time homebuyers, buyers with an existing home to sell, those relocating, or those looking for a new construction.
We purchase single family homes, townhomes, and condos for owner occupants in our states of operation.
Our minimum purchase price is $100,000 and our maximum purchase price is $500,000. The home can be on no more than 4 acres. It must have been built after 1960, have been fully renovated after 1960, or be a to-be-built construction. Short sales, foreclosures, manufactured, and modular homes are not eligible at this time. If applicable, please check with the HOA to see if there are rental restrictions in place.