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Hi everyone,
I’m looking for some guidance on the process of purchasing a home without financing. I’ve saved up enough to consider a cash purchase house, but I’m not sure what the advantages and possible drawbacks are. Does it make negotiations easier with sellers?
Are there specific steps I should take to protect myself legally? Also, how does it affect inspections, appraisals, or closing timelines compared to a mortgage-based purchase? If anyone here has personal experience or tips, I’d really appreciate your insights.
Thanks in advance for your advice!
I’m looking for some guidance on the process of purchasing a home without financing. I’ve saved up enough to consider a cash purchase house, but I’m not sure what the advantages and possible drawbacks are. Does it make negotiations easier with sellers?
Are there specific steps I should take to protect myself legally? Also, how does it affect inspections, appraisals, or closing timelines compared to a mortgage-based purchase? If anyone here has personal experience or tips, I’d really appreciate your insights.
Thanks in advance for your advice!