Remove Closing costs Remove Finance Remove Rent back Remove Short sale
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Thinking About Writing a Love Letter to the Seller of Your Dream Home? It’s Not Always a Good Idea

HomeLight

Mahan explains that in 2021’s hot seller’s market, “for some sellers looking at over 20 offers that were all very similar financing-wise and similar as far as net dollar amount, sometimes the offer letter would make them stand out one way or another and help them visualize a different person in their home.”. Again, emotions may be high.

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Do I Accept the First Offer on My House, or Wait and See?

HomeLight

Cash vs. financing : Cash offers usually result in a faster sale than mortgage-backed offers; if speed is an important aspect of the sale, this could make a significant difference. They could accept, but they could also walk away, never to return – or, you might get drawn into an extended back-and-forth negotiation.

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Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

HomeLight

According to a Q3 2021 study by ATTOM Data Solutions, all-cash home sales are at their highest level since the first quarter of 2015, with 34% of all single-family homes and condos purchased without financing. “In This can be a huge benefit for a seller who is facing foreclosure or needs the funds to close quickly on their next house.