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North Jersey home built by founder of Time and Life magazines listed for $5 8 million

Shortly after he built the home in the 1930s, Henry R. Luce remarried and left it to his ex-wife. She lived there until her death at the age of 100.

See the most expensive homes sold in each North Jersey county in February

Five Homes With Grand Gardens - Mansion Global

What is an all cash offer anyway? And how to make one and get the house

What is an all cash offer anyway? And how to make one and get the house CNN 1 hr ago © CNN/Shutterstock The real estate stories are swirling about homes that sold in record time, with multiple bids and all-cash offers. Popular Searches In this wild housing market, with 21% fewer homes on the market than last year and demand pushing prices to record highs, the competition for a home is fierce. One thing that can put a potential buyer on the top of the heap is an all-cash offer. An all-cash offer doesn t mean showing up with a suitcase full of cash. But it does mean a buyer has the means to purchase the home without taking out a mortgage.

All-cash offers are king in this hysterical real estate market Here s what you need to know

The real estate stories are swirling about homes that sold in record time, with multiple bids and all-cash offers. In this wild housing market, with 21% fewer homes on the market than last year and demand pushing prices to record highs, the competition for a home is fierce. One thing that can put a potential buyer on the top of the heap is an all-cash offer. An all-cash offer doesn t mean showing up with a suitcase full of cash. But it does mean a buyer has the means to purchase the home without taking out a mortgage. That may seem impossible to people struggling just to save up for a 20% down payment, but the all-cash offer is becoming increasingly common. In April, 25% of all home sales were all-cash deals, up from 15% a year ago, according to the National Association of Realtors.

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