In a competitive market, cash is king. When there are multiple offers on a single listing, a seller has the opportunity to choose the most desirable. Full cash offers almost always stand out amongst the rest, given the offering price of course. This is true for all price ranges. As discussed in the following article, cash deals appeal more to sellers because they move quicker.
Additionally, purchasing with cash rather than financing provides many benefits to high net worth buyers as well, such as increased privacy and negotiating power. For more information about the benefits of buying with cash, take a look at this article by Mansion Global.
Written by: V.L. HENDRICKSON
Published by: Mansion Global
Photo from Aydinmutlu / Getty Images