Your Guide to Cash Offers
Posted on
In a busy seller’s market like we’ve seen over the last year in Saskatoon real estate, chances are you may have heard the term “cash offer” come up at least once. No, we’re not talking about a buyer with a briefcase full of cash like we’re in a spy movie (though that does sound a lot cooler). We’re talking about an exciting and highly enticing type of offer that stands out from the rest.
What is a Cash Offer?
A cash offer is when a buyer has enough money between their cash and investments to purchase a property outright without borrowing funds from a bank or mortgage lender. It means that they have spoken to either their bank or financial advisor and have proven funds lined up, so their offer will not be contingent on financial approval.
…
1255 Views, 0 Comments