They’re great for making your offer stand out
Cash offers are traditionally associated with investors trying to scoop up properties, but they’re growing increasingly popular for individual buyers who want to make an offer a seller can’t refuse.
If you find your dream home, a cash offer can be a great way to show the current owner that you really want the home and are willing to make the transaction as stress-free as possible.
“Sellers really like it because one of the biggest contingencies in the process is financing. And so when they have an offer on the table that does not have that contingency, it really makes the offer attractive and firm,” said Doug McCoy, director of the Center for Real Estate Studies at the Indiana University Kelley School of Business.
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