Quote:
Originally Posted by Pturner
Hi mgm444,
Others have explained well why a cash offer makes a seller happy. Quick closing, no worry about financing, no financing costs to negotiate, basically a sure bet. It's also good for the buyer for obvious reasons (no points and interest payments) and for the less obvious reason that a motivated seller might accept a lower offer in exchange for the near certainty that the sale will go through.
As a buyer, I would always get a buyer's agent if possible. (Not possible if buying a new home in TV, but works for resales). You need to know though that your agent is only another transaction agent unless you get a written "buyer's agent" agreement. Without it, your agent is obligated only to facilitate the transaction, not to represent your interests alone in the deal.
Are you, perchance, nearing a decision on a home in TV?
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PT,
I'm taking the tiniest baby steps and learning as much as I can. It's a huge investment, but of course, like everyone else, I wanted to buy on my first LSV! Just can't get enough of the place! I would be interested in renting the house, as well, because I'm a "youngster".. still have to work for a couple of years. I really think the market is going to begin to creep up a little, on a whole, in '12 (election year) and I would like to take advantage of that situation sooner than later.
What exactly would a buyer's agent do for me? -- And, how much would that cost? And, where would I get one?