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Real Estate
Reply to "Home offer without contingencies when you need a mortgage"
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[quote=Anonymous]Depending on your finances, you might qualify for a HELOC or a margin loan that would allow you to float the house if qualifying for a mortgage takes a few extra days. There are also companies that specialize in loans for making cash offers. Basically, for a "small" fee they gamble that you will qualify for a loan in a timely manner, but not necessarily before your closing date. The fee is usually less than the premium you would have to pay to make a non-cash offer.[/quote]
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