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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. The most obvious contingency with an offer that requires financing is, of course, the financing itself. Updated August 31, 2021. Though you can (and should!) Source: (Mike / Pexels.com).

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

HomeLight

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. Conforming loans are given to buyers who fit into the qualification guidelines set by the entities Fannie Mae and Freddie Mac, who purchase loans after they are originated.

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