Buying a house in cash

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Services for Real Estate Pros with Franchase

It’s known for everyone that the housing market has collapsed and more and more investors all over the country started to look for the ways to earn some cash. For example California investors have been looking for deals where they are able to pay in cash. After that they can easily resell the houses to get a real profit. And the tendency is developing and more and more buyers prefer cash. Because such buyers can get some discounts and the purchases hardly ever fall out of escrow. And people who want to buy a house can meet some difficulty as investors are everyone and they are ready to pay any money to get a house.

Some people say that you can sell your house faster if you offer a cash purchase. They say that there bidding wars in some states and as soon as a house appears on the market there are many offers and half of them are cash offers as they investors are very active to buy any property to get some profit in future.

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Rainmaker
621,479
Deborah Byron Leffler BzyBee Real Estate Lady!
Keller Williams Realty Boise - Nampa, ID

I am working with a number of cash buyers...on an 8 plex unit we just lost out on the other buyer was also cash!   Lots of cash out there for sure!

Feb 22, 2010 03:06 AM #1
Rainmaker
621,479
Deborah Byron Leffler BzyBee Real Estate Lady!
Keller Williams Realty Boise - Nampa, ID

I am working with a number of cash buyers...on an 8 plex unit we just lost out on the other buyer was also cash!   Lots of cash out there for sure!

Feb 22, 2010 03:07 AM #2
Rainer
323,885
Don MacLean
New England Real Estate Center Inc. - Easton, MA
Realtor-Homes for Sale- Easton Mass

Cash always has benefits either in the purchase or the way a deal can be structured

Cash will always be king and credit will be the queen

Feb 22, 2010 03:46 AM #3
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Rainer
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