Jem

I'm a:	Just Looking
Location:	92651

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Paying IN FULL, IN CASH - How much of a markdown can I get?

Asked Sat May 3 2008, 13:38 by Chrisine - 90630 - Home Buying - 8 answers

Jem answered:

It all depends on how quickly the seller wants and needs to close. If the seller wants or needs to close quickly, cash in hand should give you an advantage over a buyer dependent on financing, even an approved buyer. Some buyers, even with loan approval, still don't end up closing escrow. I have to say, though, in a lot of areas, banks aren't that desperate yet. - Sun May 4 2008, 10:54