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Reply to "Are people paying cash for homes?"
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[quote=Anonymous]This was our experience buying a starter home (townhouse) in Rockville. We lost our first two offers to all cash buyers who were in the process of down sizing. we were told by one selling agent “you were the best non cash offer!” Lol - thanks a lot. We were successful on our third attempt and fortunately we like this home best. But it left a bad taste in my mouth that it’s so hard to buy a first home when you are competing against empty nesters with cash.[/quote]
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