lending: Does Cash always win?
- 04/25/22 01:49 PM
Do you feel like "Cash is King"? We have heard this terminology virtually all our lives. I would have been someone that continually agreed with this statement until the past few years. In our current housing market I can't say I agree with this claim. Sellers are more apt to be looking at Net gains versus ease of transaction. I feel every agent you'll talk to will tell you governmental funding "i.e FHA, USDA, VA" has taken a back seat to conventional or cash transactions. However, conventional lending is by far the most widely accepted term for home buyers over the … (2 comments)
Do you feel like "Cash is King"? We have heard this terminology virtually all our lives. I would have been someone that continually agreed with this statement until the past few years. In our current housing market I can't say I agree with this claim. Sellers are more apt to be looking at Net gains versus ease of transaction. I feel every agent you'll talk to will tell you governmental funding "i.e FHA, USDA, VA" has taken a back seat to conventional or cash transactions. However, conventional lending is by far the most widely accepted term for home buyers over the … (2 comments)
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