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?

747 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

Someone able to pay an all cash offer makes it more likely that the deal will finalize because less things can go wrong, and the closing process will be faster. So if the offer prices are similar the all cash offer will usually win.

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