Is a cash sale in your best interest in Danbury, CT area real estate
By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
How people are paying for house is important. When working with a home seller, there can be advantages of taking a cash offer over one from a buyer that need financingSome reasons are valid, such as the seller needing to close quickly (due to things like a divorce, financial hardship, or relocation). Some properties may not qualify for financing due to condition. It can also be needed if the property could have an appraisal issue. A cash sale should give the seller more certainty of a transaction closing compared to the risk for finaiucng. A cash offer means there is no financing or appraisal contingency; it doesn't mean the buyer can't choose to get a loan but if they don't get a loan, they can potentially lose their deposit funds if they don't perform (seek legal counsel). Also consid...
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