Property Q&A in Tamarac>Question Details

Mary Marietta, Home Buyer in Tamarac, FL

WHAT IS A CASH PRICE?????

Asked by Mary Marietta, Tamarac, FL Sun Aug 5, 2012

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This question is about this property: http://www.trulia.com/property/3073038254-5860-NW-64th-Ave-2…

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Answers

3
It appears a CASH price is 35,000. A financed price will be 35K plus 15 or 30 years of interest, plus loan closing cost. But that will be an unlikely situation because loans below 40 or 50K are almost none existant anymore, so cash will be the only option to purchase to start with.

However, it could be CASH plus multiple offers premium if you wait until several people send in their Highest and Best.

Tony Vega
La Rosa Realty
0 votes Thank Flag Link Sun Aug 5, 2012
Discount from what mark, market Vale or listing price?
0 votes Thank Flag Link Sun Aug 5, 2012
Does cash automatically provide a discount?
0 votes Thank Flag Link Sun Aug 5, 2012
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