Surely the seller receives the full payment from the buyer’s lender either way? I’m confused on why it is sure to get you a much higher chance of getting the house.
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A cash buyer isn’t dependent on finalizing their mortgage loan… there’s always a risk a buyer loses their job, has some credit issue that prevents them from getting the loan, rate hikes make payment unaffordable, etc. vs. a cash buyer will close for sure. Also, a cash buyer can usually close more quickly than a borrower since the mortgage underwriting turnaround can be 30-45 days.
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