What’s the Deal with Making a Cash Offer on a House?
HomeLight
AUGUST 31, 2021
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).
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