Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Newbie question, seller has mortgage but wants a cash offer
So If a person has a mortgage can they except a lower cash offer than what they have on loan? I tried a sub to but they didn't like the thought of that for some reason . It just seems like if they except a lower offer and stop paying the bank wouldn't the bank come and take the house back?