Selling a house for cash is becoming a popular alternative for homeowners who need to sell their property quickly. With the current credit clog and sluggish real estate market, many sellers are finding it difficult to locate qualified buyers. Instead, they are turning to investors who are able and willing to ante up cash.
Selling a house for cash is no different than selling to a buyer who obtains traditional financing. However, there are benefits with cash transactions that cannot be obtained when the buyer requires funding through a bank.
Selling a house for cash is no different than selling to a buyer who obtains traditional financing. However, there are benefits with cash transactions that cannot be obtained when the buyer requires funding through a bank.
It's no secret the economy is in the dumps. With the ever-growing unemployment rates, people are afraid to buy real estate for fear they will lose their job and then their home. They aren't willing to take that much of a risk. Nearly every homeowner is feeling the pain from lack of qualified buyers.
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