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
The advantage of a cash buyer is a guaranteed closing.
It can take 3 months or longer to close on a house and it could be derailed at the last minute.
I purchased a house with cash and I have financed a house too. Purchasing a house with cash is easy and quick.
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