What’s the Deal with Making a Cash Offer on a House?
HomeLight
AUGUST 31, 2021
From a seller’s point of view, if there are two offers that are otherwise identical, and one buyer can pay cash, the cash offer is likely to be viewed as the stronger offer because the buyer 1) definitely has the money, which means that they can 2) close quickly. In other states, a similar fee is often referred to as earnest money.
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