Why do some agents and buyers feel that they can negotiate and get a much
better deal with a cash offer?
Don’t get me wrong; we all like a clean cash contract without contingencies.
But a well-written offer, with financing in place, and a substantial EMD has just as much chance.
To accept a cash contract, show me the money, proof of funds, and a good faith deposit.
Note: The seller will be receiving the same amount of money at settlement whether cash or financed.
A lot has to do with the reliability and reputation of the people involved, including the Realtor®, lender, title company, inspectors and clients
It boils down to personal preference.
If you would like to talk about making an offer on a home?
Call Margaret Rome.