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

Mostly time. Banks take forever and they could decide to not lend at the 11th hour. Cash means you get the money right away without any extra bullshit.