Suppose I’m selling my house for $800k in California. I have a buyer with a traditional financing arrangement (30 year loan) and a cash buyer. As the seller, I get my money regardless of whether a bank pays me or an individual cash buyer. Why do people get excited over the cash buyer?
In: Economics
TX. Got a full cash offer on my house way higher than list price/market. If they financed they would NOT have been able to finance as the house wouldn’t have appraised at offer. So you avoid all that mess.
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