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Updated almost 12 years ago on . Most recent reply

Cash Purchase
Does using a hard lender for funds constitute a cash offer? I hope I'm asking right.
Most Popular Reply

Yes you asked right.
No cash is money in your name your bank account. The money being in your name is required when you show a proof of funds.
A HM loan is still a loan albeit with different terms and conditions than a traditional mortgage but still the lender could pull their funds is they so chose.