Famous Cash Home Buying Myths that Just Arent True

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Famous Cash Home Buying Myths that Just Arent
True
By - https//joehomebuyerofsouthflorida.com/
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• A cash home buyer is a company that centers
  around offers for homes. This means that they are
  not required to get financing from a Florida
  bank, so it's not necessary for them to get
  pre-approved by the bank before making an offer
  on a house.

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• In most cases, cash home buyers make all-cash
  offers to sellers who are having trouble selling
  their homes because of negative equity or other
  reasons. These offers are usually higher than
  what banks would offer for the same house.

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• Many people don't know what a home buyer is or
  how they work, so when someone has cash offers
  for their house it seems too good to be true and
  they wonder if this person is going to take
  advantage of them somehow.

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Cash buyers are scammers False.

• Cash home buyers in Florida are not scammers.
  Theyre real people with real cash offers for
  Florida homes and real financing options. A home
  buyer is someone who has enough money to buy a
  house without a bank loan or mortgage. Cash
  buyers are often called "all-cash buyers" or
  "hard money lenders" because they make all
  purchases using cash, rather than borrowing from
  a lender.

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• If youre selling your home to a home buyer,
  you might be concerned about the offers being
  shady or fraudulent in some way, but it isnt
  cash buying is a legitimate business model that
  operates within legal parameters.

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Cash buyers can't buy your home fast False.

• Some sellers think that these buyers are
  slow-moving and inexperienced, but that's just
  not true. Cash buyers can close quickly on their
  Florida offers because they don't need to wait
  for financing or mortgage approvals. They also
  don't have to worry about selling their current
  home before they buy another one. They can take
  as much time as they want to look at properties,
  test out the market and find the right house for
  them before beginning offers.

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• Cash home buyers only want to buy homes at a
  steep discount and make money on the flip False.
• Actually, most buyers are individuals who
  dont have enough money for a down payment or
  arent interested in getting a mortgage loan and
  would rather pay all cash (i.e., no debt). These
  people tend to be more conservative, as they
  dont want to get into any financial trouble. So
  for an honest choice for selling your home, go
  with a reputable company like Joe Homebuyer!