Home Sales in Cash | Real Estate Agents Delight

Home Sales in Cash | Real Estate Agents Delight

Home Sales in Cash | Real Estate Agents Delight .  RI Cash Home Buyers Wanted!  In real estate home sales right now the difference between a successful home closing and not closing can be the

Cash Buyers Wanted

mortgage financing.  Home buyers seem to forget that every little thing on their credit can be the make or break item in getting a mortgage or not.  This is not saying that it is a mortgage lenders issue.  Many times it is the buyer who has made a misstep somewhere along their life journey to not be quite lendable to yet.  

Well cash rich home buyers are out for waterfront RI real estate right now.  In fact, the market reports for southern RI real estate home sales in 2012 show that a high percentage of homes are being purchased with cash.  Cash from retirement accounts, investments, stock market liquidations and sometimes grandma's hidden stash of cash.

There is quite a difference in a home sale when it is an all cash purchase.  Doing a couple of real estate sales right now of each variety (cash vs. mortgage), the cash one is king.

It just smoothly sails through to closing.  Where are the bumps to be anticipated?  Well mostly in the home inspection process where the cash home buyer may ask for more of the home repairs be completed by the sellers as part of the final sales price.  A home sales in cash is a real estate agents delight!

My experience has shown that some buyers will start the mortgage financing process and just stop the it in the middle of the process!  Throw their hands up if they have the cash and purchase a home outright.  It is the easiest way of home purchase. 

Buyers who do have enough equity in their home can down size their home into a smaller home or condo to fit their needs easier.  Again when you have the cash it is a smoother home purchase.

The point is you need to figure what works best for you and your family at this time in your lives.

This is the time to talk with a knowledgeable RI real estate agent that can make the process go smoother.  Have time to chat about your current home or the one you have been thinking about?  I would love the opportunity to help you so call me at 401.529.7849 or email me at RiByTheBay@gmail.com today.  Home Sales in Cash | Real Estate Agents Delight.

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Ginny Lacey Gorman is a waterfront Rhode Island Real Estate Agent who works and knows the Southern RI geographic area of homes for sale, schools, happenings and important tidbits of information well.