Cash Purchase

In Financing by Ryan Tucker0 Comments

A cash purchase is just as it sounds.  There is no financing involved from a traditional lender.  When writing a contract is written, there are not as many safeguards for the buyer.  A lender will require an appraisal to determine market value.  A lender will typically require a termite letter to prove the home is free of active termites.  If you decide to purchase a home using cash, make sure to write those safeguards into your offer to purchase.

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