Do We Have a Cash Deal?
Simply stated, waiving the mortgage contingency does not mean that the buyer is promising to pay cash and not get financing.
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In Bidding Wars, All-Cash Offers More Likely to Come Out on Top
All-cash offers are four times more likely than their counterparts to win in a bidding war.
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All-Cash Home Purchases Hit 7-Year High
All-cash purchases represented 30% of all sales in the U.S. so far this year.
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Welcome Home survey shows cash-only purchases are up
The share of cash-only home purchases in Pennsylvania rose from 19 percent in the first quarter to 30 percent, according to PAR’s recent Welcome Home survey.
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Buyers using cash to pay for that home? Chances are they will buy at a discount
All-cash homebuyers of both single-family homes and condos across the country paid 23 percent less per square foot than all homebuyers in the first quarter of 2016.
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