Quote:
Originally Posted by Descant
When houses are on the market for only a few days, There isn't much time for follow -up. You schedule and open house, 8-10 people show up, three make offers. A friend just bought a house ($1.4MM) via email, sight unseen, except for online photos. This isn't your grandfather's Oldsmobile.
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Yeah, they don’t even get to the open houses at most places. It’s sold before they get setup for it.
Realtors are probably exhausted and busy counting their $$$
You can’t just casually buy a nice place on the lake right now. Unless you want to pay way over market. There are always a few of those. If it’s fairly priced it will be under contract within a few days and often cash.
Note cash does not necessarily mean no loan. It means no loan contingencies on the contract. The buyer EITHER has the cash or is confident they can get the CASH from a bank. Some sellers want proof you have cash in hand. And it does not mean you have to use “that” cash.