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Buying & Selling Real Estate

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Todd Magin
  • Rental Property Investor
  • Potomac, MD
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115
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Does a Cash Offer Mean All Cash?

Todd Magin
  • Rental Property Investor
  • Potomac, MD
Posted Jan 24 2017, 20:13

To me a "cash offer" doesn't necessarily mean all cash, it simply means that I'm waiving the typical financing contingency clause and also not making the seller pay any portion of points towards a mortgage.  It's a move I would consider if my price is low as a way to strengthen my offer and only if I'm very confident in getting financing.

Is this consistent with others views?  If not, please enlighten me.

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