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What’s the Deal with Making a Cash Offer on a House?

HomeLight

A cash offer simply means that a buyer already has the funds available to buy the house and can pay for it without securing a mortgage loan. From the seller’s point of view, it doesn’t make much difference whether the cash comes from the buyer’s personal bank account or from a mortgage loan. Though you can (and should!) The appraisal.

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How to Buy a House in San Diego: 14 Steps to Close the Sale

HomeLight

People who live here love the proximity to some of the west coast’s best beaches, as well as being close to destinations like Disneyland, Joshua Tree National Park, and the deserts of Palm Springs. Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs you might have as well.

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I Want to Buy a House in 2021. How Much Should I Offer Over the Asking Price?

HomeLight

In a hot market, a seller is unlikely to really consider your offer if you aren’t already preapproved for a loan. Therefore we’re giving them a leg up where they could compete against all-cash offers or the average agent that’s just getting the basic pre-qualification,” he says. “It Get preapproved for a mortgage.

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

HomeLight

iBuyers then allow the seller to close in as little as 10 days but can also provide longer move-out timelines for those who need the flexibility. These people may offer close to full list price, since they aren’t trying to make a profit on the property,” he says. You want certainty of the deal closing. Why sell to an iBuyer?