What a Cash Offer on a House Actually Nets You
By Steven Hoeke, Breaking Down Fast-Sale Options for Texas Sellers
(House Buyers Texas)
A cash offer is almost always lower than a list price. That is the honest starting point, and any article that pretends otherwise is selling you something. The useful question is different. It is not which number is bigger. It is which number you actually keep, after everything that comes out between the contract and the wire. The list price is not the number you get Sellers compare a cash offer against a list price as though those two figures are the same kind of thing. They are not. One is a gross asking figure with a queue of deductions behind it. The other is closer to what lands in your account. So before you can judge any cash offer, you have to know what the listed route actually nets. Here is that arithmetic, using published Texas figures. Commission comes out first A February 2...
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