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Answers (4)
- James Dunn, "DunnRealtors.com"
- Contributions:373
If you are buying a house with all cash, you may be able to get a better deal simply because the sellers know you won't have to jump through bank hoops to get financing. It won't change the deal drastically, but it may make for a smoother ride.
- Naima Sumner, "Dallas Ft. Worth PRO"
- Contributions:2845
Cash is king. You will very likely get a better deal because you don't have the financing contingencies. It also depends on the price range of the homes. Is it a first time home buyer range? may be the sellers will feel that they are taking less of a risk by accepting less.
Get a buyer's agent to represent you who knows the market well and will guide you accordingly.
Good luck,.
Naima
Get a buyer's agent to represent you who knows the market well and will guide you accordingly.
Good luck,.
Naima
- Ryan Halset, "RyanHalset"
- Contributions:729
Chances are that you can (at the very least) save the seller from having to make another mortgage payment. That, paired with the fact that you can close quickly & offer a more certain closing with less potential "hiccups" may save you thousands with your offer.
I do agree with the previous post though that there's no way to know until you make an offer - but you are certainly in a better position than other potential buyers...especially if the seller is motivated by a certain time line.
I do agree with the previous post though that there's no way to know until you make an offer - but you are certainly in a better position than other potential buyers...especially if the seller is motivated by a certain time line.
There is really no way to answer this question. Some sellers may care a lot, others it may make little difference to, compared to a well qualified buyer with a loan.
Cash buyer with no contingency
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