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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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