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Real Estate
Reply to "what is an "all cash buyer" worth to selling price?"
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[quote=Anonymous]OP here - thanks for all the replies - I can see that I was not being realistic and that will help when we put in an offer. As I understand the collective wisdom here, the all cash aspect of the offer will make our offer more attractive than similar offers contingent on financing, but wouldn't necessarily affect the price by more than a relatively minimal amount. Of course, this depends on the motivation and personal situation of the seller, who may be more incentivized if there is a big benefit to an earlier and more certain closing. So, long and short, we will formulate an offer based nearly entirely on assessment of comps and the particulars of the house, and not on the structure of the offer. Even if it's not the answer I was hoping for, thanks for all the input - forewarned is forearmed![/quote]
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