Asked by Barbara Luciani Haen, Chicago, IL • Wed Aug 8, 2012
My building is over 50% renter occupied. I plan on selling my unit soon and I understand I will only be able to take cash offers due to the renter occupancy rate. Should I expect the cash offers to come in 20-25% below loan-backed offers? Or does "cash only" not affect the amount of the offers any more than with a regular negotiation?
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