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Updated over 12 years ago,
Buying Next Home All Cash: How do Agents Perceive this?
Hey Everyone,
We are looking to buy a new home right now, as in a home to live in not investment property, in Cash. My question is do you listing agents perceive this in a positive or negative light, and since its all cash, are you more willing to go below the listing price than in a traditional deal with financing?
Pro: You guys get cash all in one day, quick close, no financing contingencies
Con: No financing, banks don't earn money because no interest since no financing
Being able to offer cash up front, and close quicker than most people (as long as inspection looks ok!) be a benefit in your book? Would you be willing to accept offers lower than listing price with an all cash offer?
Thanks!