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Updated over 7 years ago, 06/19/2017

User Stats

17
Posts
5
Votes
Josh VanLandingham
  • Rental Property Investor
  • Marysville, OH
5
Votes |
17
Posts

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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