Going head to head to cash buyers is always competitive. Cash buyers are seen as desirable because there are no banks involved and they’re almost always a guaranteed quick close. But don’t freight; there is still hope of getting your dream home!
Here are some ideas to help beat out those cash buyers:
20 Percent Down Payment
Save up a higher down payment for the price range. If you can come up with 20 percent or more, then you’re in a position to wave the appraisal contingency for financing with the bank. In simpler terms - the more cash you have saved, the better.
Take-It-or-Leave-It Home Inspection
This means that based on the home inspection, you’ll take the property with all its issues, but you still have the option walk away. What you…