article thumbnail

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. A loan contingent on appraisal could fall through, and the seller would have to find another buyer or reduce the price. Updated August 31, 2021. Source: (Mike / Pexels.com).

article thumbnail

How to Sell a House ‘As Is’ in Ohio

HomeLight

Clients using HomeLight’s Simple Sale platform don’t have to worry about additional repairs, prepping their home for listing or showings. Clients maximize the value of their quick home sale with a competitive top market offer and no additional fees, commission or upfront costs. Average sales price in Ohio.

As-is 91
article thumbnail

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

HomeLight

Only include essential contingencies. 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. The sooner you do this, the better. Count your cash.