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?

850 views

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

36 Answers

Anonymous 0 Comments

I feel like this question is specifically about the word cash? When you buy a house with ‘cash’ it’s not using paper notes, it just means “I have the money, I don’t need mortgage”, the money is there ready to go with no mortgage agreement necessary.

You are viewing 1 out of 36 answers, click here to view all answers.