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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Well for one it means they have the money to purchase immediately (no 30 days etc) closing takes quite a while and during that period the lender can still decide not to back the lendee if anything changes or something isn’t right (it happens way more than you would think) so it can be quite a nuisance. Someone will be able to offer other reasons this is just one easy one I know
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