How to Make an Irresistible Cash Offer on a House

How to Make an Irresistible Cash Offer on a House
A 'For Sale' sign in front of a home in Arlington, Va., on Aug. 22, 2023. Andrew Caballero-Reynolds/AFP via Getty Images
Anne Johnson
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It’s a seller’s market. And if you’ve found the perfect home, you’re probably up against a lot of competition to buy it. Sellers want the most money they can get and are not above instigating a bidding war.

But there is a way to stand out from the crowd. Most buyers finance their homes with a mortgage. If you can come in with a cash offer, you might pull from the pack and land your new house. But how do you make a cash offer? And what if you don’t have the cash?

How Cash Offers Work

Sellers like cash offers because they can sell their house quickly without waiting for a bank or credit union to approve a mortgage.
Anne Johnson
Anne Johnson
Author
Anne Johnson was a commercial property & casualty insurance agent for nine years. She was also licensed in health and life insurance. Anne went on to own an advertising agency where she worked with businesses. She has been writing about personal finance for ten years.
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