Can Mortgage Borrowers Compete With All-Cash No Contingency Offers?
In a hot market, all-cash offers can catch buyers’ eyes. However, cash offers aren’t always the best option for all buyers. They can cause problems for mortgage borrowers, too. Can Mortgage Borrowers Compete with All-Cash Offers? Buying a home can be a stressful and lengthy process, especially if you’re dealing with a competitive seller’s market. Many buyers may think they can make a better offer by waiving contingencies, but this can be a risky move. You can avoid the…