Will HELOC be considered a cash buy?

[Jeremy Hackenberg]

Hello total newbie question,

If a seller is requesting cash buyers only, will my approved HELOC be considered since I don't have to wait for financing?

[Account Closed]

Originally posted by @Jeremy Hackenberg:

Hello total newbie question,

If a seller is requesting cash buyers only, will my approved HELOC be considered since I don't have to wait for financing?

 You are correct. If you can write a check to cover the purchase and closing you are a cash buyer.