What are benefits of cash offer/buyer?
As a seller, how do I benefit from a cash offer?
Asked on Aug 12 2011, Selling in St. Leonards-on-Sea | Report content
Answers (3)
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A cash buyer can usually move quicker than one who has to get a mortgage. Cash buyers usually have all their finances in order, there is no chain, no holdup.
Answered on Aug 14 2011, Report content -
Exactly right, they can move a lot quicker than a buyer that perhaps needs to sell their own house or needs a mortgage.
Answered on Aug 15 2011, Report content -
The reason that house sales are so slow these days is not to do with falling prices, it's to do with high deposits for mortgages. A cash buyer doesn't have this problem, so they are more likely to complete and complete quickly. But you will get offered less.
Answered on Aug 17 2011, Report content
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