Remove Closing costs Remove Inspection contingency Remove Loan contingency Remove Sales
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What’s the Deal with Making a Cash Offer on a House?

HomeLight

Ever since the 2008-2009 recession, cash offers have become more prevalent, accounting for 33% of sales as of 2021 — that’s up from 20% in 2019. Cash buyers have the option of taking these same steps for appraisals and inspections, but they aren’t required to so to appease a lender. Updated August 31, 2021. Source: (Mike / Pexels.com).

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Use These 8 Strategies to Get Yourself a Home in 2022’s Real Estate Market

HomeLight

Speaking of contingencies, Peterson says the fewer, the better. If you must include contingencies, such as a loan contingency or appraisal contingency to secure a mortgage, try to include as few as possible. Count your cash. Sellers are really looking at how much cash the buyer is coming in with.”.