Wednesday, January 16, 2013

CASH making it hard for borrowers to buy

As if the shortage of inventory were not enough, over 30 % of the property in the area that was bought in the 4th quarter was bought with CASH!
You may well wonder where it all comes from, but it's true!
This makes it a challenge for first time buyers with loans, as most sellers will prefer cash if the prices offered are close.
There are ways to make offers more attractive, but buyers now need to be bold and brave.

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