Re: Real Estate Q: reasonable discount for all-cash (vs. mortgage) offer??
the seller gets all cash either way so your only leverage is that you can close sooner and you can leave out the contingincy of having the mortgage approved for you and the apprasial meet the total price. so a cash offer is better sounding but doesnt have alot to offer. it works well when you are having competition from other buyers and your offer is more attractive. but getting more off the price isnt going to happen to a large extent.
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