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Advantages Of Selling Your Home To Cash Buyer by Williams1231: 7:54am On Jul 24, 2020 |
Is buying a house with cash a good idea? Should paying cash for a house be encouraged? Buying real estate is a powerful investment but homebuyers can make it even more powerful by paying with cash. Reasons why sellers like cash offers: 1. No appraisal contingency. Appraisals are not cast in gold. The most common method is the reliance on comparable sales, known as the comparative method. 2. No loan funding contingency. Even though a buyer may be fully qualified to buy a home at inception, a hundred things can come up during the loan process. More commonly, lenders deny loans because the buyers' qualifications change upon further scrutiny. 3. Faster closing. A faster closing puts money into the seller's pocket sooner. A buyer does not need 30 or 45 days to close if the buyer is not obtaining a loan. Virtual Cash Home Buyers presents a unique, simple approach for selling your home! They are a newly cash home buyers Lawton, and can buy your home in any condition, in any area! Benefits to buyers to pay cash for a home: Buyers who pay cash for REO homes tend to win multiple offer situations. Here are other benefits for buyers: 1. No mortgage payment. 2. Sense of security. 3. Available equity in the event of a financial emergency. 4. Market fluctuations do not matter 5. No restrictions on title transfer due to underlying loan |
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