All cash but not really
I found a great deal but it got under contract while I was trying to negotiate. No harm there.
The other buyer's initial attempts at financing fell through and so I came in with the same offer but much more solid terms (BIG earnest $ amt and no financing contingency) and so the seller dropped guy #1 after the due date was reached and signed my offer.
I have the money to buy it all cash, but I really don't want to. Is it shady to make an offer with no financing contingency and then pursue financing? I intend to share this fact but I don't know what reaction I'll get.
Most Popular Reply
Best of both worlds: delayed financing. If you forum search "Delayed Financing Exception," you will see a boat load of discussions on the matter.