Purchasing with Cash Questions
I just found a private money source that will offer me a nice sized loan at a good rate. I have only used conventional financing previously and am trying to gain a better understanding of buying cash.
1. Do I use a RE Agent when purchasing cash? I believe I should if it is a REO, what if it a contact that I made through marketing? If not, how are contracts made?
2. What else changes when purchasing with cash? I plan on still getting a home inspection but are there any additional steps that I have to handle myself?