There are plenty of buyers in the real estate market who are making cash offers on properties every day.
Cash is good…at least for the time being!
A couple of things about purchasing with cash......
- Cash talks but it will not talk the price down that much! Just because you are not going to get a mortgage does not mean you will get it for 70 cents on the dollar. Be realistic!
- Be prepared to provide proof of your ability to pay. Just because an offer says you will pay cash, you can still expect to provide a bank letter or some other reasonable proof of funds!
Gary L. Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region. Whether your interest lies in a 55+ community, a golf course community or water front, give me a call at 321-693-3850 or email me at email@example.com.