Let's say a house is going for $150,000. What's the "typical" discount if you pay cash? There may not be hard and fast rules as each seller is different but a general idea is all I'm looking for.
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How you doin'? -
nothing
you know people that accept anything other than csah for a real estate ?
you save on your mortgage, cause you will not have to pay interest for it :P cause you will not have to got one :P -
None. The seller will get his $ up front from a mortage company, so it does not matter.Sig too big
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the seller may take some off because you can pay faster since you have cash and not have to wait for a mortgage to go thru, but there is no rule about itComment
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Zip... In fact if the seller is offering financing and really wants an annuity (lower taxs) you may have to pay more.
Hugs,
DanielleComment
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Yeah, the only time you get a discount for cash is when time is the issue ie. forclosure, taxes, and so on.
Plus they will most likely want proof that you have cash...Comment
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Not a dime with a agency, but if you're dealing with a private seller then you might be able to sway him with a cash payment. Not likely though.
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