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Updated over 8 years ago on . Most recent reply

Pat Wasson's profile image
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Pat Wasson
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  • from Piedmont, Oklahoma
  • Member since Jul 24, 2016
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Pat Wasson's profile image
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Pat Wasson
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  • from Piedmont, Oklahoma
  • Member since Jul 24, 2016
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Pat Wasson
  • Investor
  • Piedmont, OK
0
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Buying & Selling Real Estate

Advantages to Paying Cash

Pat Wasson
  • Investor
  • Piedmont, OK
Posted

Do I get an advantage (discount on price) with paying cash on bank-owned foreclosure vs buying pre-approved? My intent is buy and hold or brrr strategy.

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Percy N.
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Percy N.
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  • Philadelphia, PA
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Percy N.
  • Developer
  • Philadelphia, PA
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In general yes due to being able to close quicker and no risk of financing not going through or house not qualifying for a mortgage.

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