Remove Equity Remove Home sale contingency Remove Mortgages Remove Rent back
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Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

HomeLight

HomeLight’s 2020 agent survey found that buyers who would traditionally use a mortgage are finding ways to pay cash however they can. Buyers who re-invested their equity. An increasing number of people will sell their homes, make a significant amount of profit, and then put that money toward the purchase of their next home.

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Tempted by Those ‘We Buy Houses’ Ads? Weigh the Pros and Cons

HomeLight

Selling your home for cash to a “we buy houses” operation is tempting for a good reason. There are times in life when you need cash in your bank account, not in a home’s equity. Home sale contingency : The buyer’s existing home has to sell before they will purchase the home.

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When Should I Sell My House? 6 Tips to Help You Decide

HomeLight

Interest rates are another critical factor to take into consideration when deciding when to sell your home. When interest rates are lower , buyers are more inclined to purchase and finance a home. With low-interest rates, buyers can afford a larger mortgage than they would with higher interest rates.