cash vs financing
Why is a cash offer preferred by a seller than a financed offer? The seller gets money at closing, whether from the buyers pocket, or the lender. Help me understand why it makes a difference.
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With a cash offer the closing is more than likely going to close. When you have a financed offer there is a chance that maybe the property will not appraise high enough. There are many more ways for a fianced deal to fall through. Cash is king!