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Reply to "1 In 4 DC Homebuyers Paying All Cash In 2026"
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[quote=Anonymous][quote=Anonymous]Many all cash purchases end up getting mortgaged immediately after closing. That's what we did.[/quote] Yes, we did this too. Most wealthy people get mortgages. Why are people so obsessed with all-cash offers? I swear this is some sort of agent gimmick to make buyers even more frantic and desperate with their offers. "Joan & Bob, you need to increase your offer because otherwise you'll never be able to compete with the all-cash offers. Put in an escalation clause promising to beat them by $300K."[/quote]
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