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Companies that buy homes for cash can close extremely quickly, which is great for sellers who need the money fast or need to relocate ASAP. Many also buy homes in as-is condition, meaning there's ...
How to get an instant cash offer for your house - AOL
Cash buyers who intend to live in the home tend to be older, repeat homebuyers. With housing inventory still scarce, homebuyers in hot markets are still experiencing intense competition.
A cash offer can be a really important tool in helping real estate investors get more deals because if you are able to pay cash you can close more quickly. Other lenders assist mortgage buyers compete against cash offers. For example, a mortgage company may provide a buyer a commitment prior to identifying a home.
DirectBuy was founded as United Consumers Club in 1971 in Merrillville, Indiana, by James L. Gagan. [2] [3] [4] It grew substantially over the years, as it franchised; at its height, the buying club had over a million members, with a peak of 167 showroom locations across North America.
A first-time buyer is usually desirable to a seller as they do not have to sell a property, and as such will not involve a housing chain. [2]In the US, Canada, [3] and Australia, [4] the average age of first-time buyers is usually around their mid-30s, [5] [6] while in the UK it's between 25 and 34 years old.
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