Going Against Cash Buyers? Here Are Some Tips to Compete
Posted by Tom Crimmins Realty, Ltd. on
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…
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