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No financing in half of all home sales. Here's one big reason someone offering to buy a home with cash is attractive to a seller: Much of the hassle that easy cash loans klerksdorp with selling a home - dealing with the buyers financing - is eliminated. If youre shopping for a house, theres a good chance youll compete with all-cash buyers. In January, 44. 4 of U. home buyers paid in cash, according to RealtyTrac, a California-based firm that tracks real estate trends. These are financial institutions scooping up investment properties to rent out or foreigners, most likely Canadian.
International buyers account discover personal loans approval process about 6 of home sales, but more than half pay cash, in part because they cant get mortgages. Still other all-cash buyers are people who have accumulated equity or savings. The proceeds from a home sale combined with savings can be enough to pay cash for that next property.
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