Why would someone request a cash sale on their house?
Asked on Apr 17 2012,
House Prices in Hamilton |
Mortgage finance conveyancing takes longer, plus if you need a mortgage you don't have the money to buy
Answered on Apr 17 2012,
A lot of people do not want to get caught up in a chain, so a cash buyer is ideal.
Answered on Apr 18 2012,
A true cash buyer with funds in place can proceed instantly, and isn't at risk of possible 'changes of mind' by mortgage lenders.
Someone who has offered on a property but hasn't finalised their mortgage is at the mercy of the mortgage company
Answered on Apr 24 2012,
Whilst a cash buyer is great, it is not so great if you are talking about a cash buy company. They pay nowhere near market value and rip people off big time! Asking for a cash buyer is going to bring the worms out of the wood work.
Answered on Apr 25 2012,
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