Believe it or not, there are quite a few cash buyers in our market.
Cash offers can be very attractive for sellers, but there are certain things buyers must be able to provide before proceeding with an all-cash deal. Proof of funds is one key example of this.
Also, sellers often expect higher offers from buyers willing to make a cash purchase, but buyers have a different perspective. Cash buyers believe that because they are eliminating a lot of hassle and headaches for the seller, they should be offered a discounted price.
However, while cash offers eliminate the need for an appraisal, many buyers may still elect to order one to ensure that they’re paying a fair price.
In summary, cash offers can make a transaction more convenient for the buyer and seller alike, so long as each party is willing to negotiate a fair and reasonable deal.
If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.