Why do home sellers prefer a “cash” buyer? Wouldn’t they get the same amount of $ as a check from the bank if the buyer has a home loan?

Question

Why do home sellers prefer a “cash” buyer? Wouldn’t they get the same amount of $ as a check from the bank if the buyer has a home loan?

In: Other

Answer 1

“Cash” is still a cashier’s check from the bank. They don’t give you a suitcase full of 10s and 20s.