Glossary

Cash Buyer

A buyer who purchases without mortgage financing, enabling speed and certainty — usually in exchange for a below-market price.

Cash buyers range from careful local investors who close fair and fast to high-pressure operations built to extract maximum discounts. The slogan "We Buy Houses for Cash" tells you nothing about which kind you're dealing with. A fair cash offer admits the price is below retail, explains why, and survives you taking several days to compare it against your other options.

Read more in the Field Guide:

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