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Updated over 7 years ago on . Most recent reply

Josh VanLandingham's profile image
Josh VanLandingham's profile image
Josh VanLandingham
  • Rental Property Investor
  • from Marysville, OH
  • Member since Jul 10, 2015
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Josh VanLandingham's profile image
Josh VanLandingham's profile image
Josh VanLandingham
  • Rental Property Investor
  • from Marysville, OH
  • Member since Jul 10, 2015
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Josh VanLandingham
  • Rental Property Investor
  • Marysville, OH
5
Votes |
17
Posts
Buying & Selling Real Estate

Benefit to seller if buyer uses cash vs conventional financing?

Josh VanLandingham
  • Rental Property Investor
  • Marysville, OH
Posted
Newbie question here... From the sellers perspective what are the benefits of a buyer offering $100k cash vs $100k through a conventional mortgage lender? The obvious one I understand of giving the seller the option to close within a very short period of time (less than a week). If the seller doesn't care about the time to close, what are the benefits to him/her? Thanks for any clarification on this.
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Matthew Paul's profile image
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Matthew Paul
  • #2 Contractors Contributor
  • from Severna Park, Maryland
  • Member since Aug 25, 2013
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Matthew Paul's profile image
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Matthew Paul
  • #2 Contractors Contributor
  • from Severna Park, Maryland
  • Member since Aug 25, 2013
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
Replied

As a seller I prefer cash , But I want it all in $100 bills .  

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