If you are looking to answer the question “What is a Cash Buyer in Real Estate?” then you have come to the right place. Read on to get the answer…
You might be curious what a cash buyer is in real estate deals. You are certainly not alone. The idea of selling a property for cash is not a common concept for most property owners, buyers or sellers. But, we promise it is a very real thing.
The idea of buying a property outright for cash might seem crazy to you. Who has enough cash to purchase a house with? For the most part cash buyers are investors and investment companies.
This article is meant to provide a basic definition and overview of what a cash buyer in real estate is. If after reading this you want to learn more about cash buyers then read our article on What Kind of Companies Buy Houses for Cash.
So what is a cash buyer in real estate?
A cash buyer in real estate is someone who buys a property and pays for it in cash vs. funding the purchase through a mortgage loan from a traditional mortgage lender. The buyer may have cash available in the bank account, under their mattress, buried in their backyard, etc. The cash can also be funded by a private money source.
To make it easy, we’ll just say that a cash buyer is one who buys with cash, and doesn’t use a traditional lender.
If you’re interested in getting a cash offer for a house in Greater Cleveland…
We want to talk to you. Sesa Properties is a local, trusted cash house buying investor operating in greater Cleveland, OH. As a company we are dedicated to making the selling process as expedient and painless as possible for those who need to sell a house in Cleveland. We buy houses for cash, as-is, and aim to make the entire process as fast and easy as possible. If you are ready to find out what we can offer for your house click here to get your confidential, obligation-free offer started.
Find Answers to Other FAQs About Selling to a Cash House Buying Company
We want to help sellers fully understand the cash buying process, whether you are selling to us or another cash buying company. We understand selling a house for cash to a cash buying company is not as common as a traditional sale. Understandably, you may have a lot of questions. We want to help answer them. Check out our cash home buyer FAQs.
If you want to learn more about us then check us out at Sesa Properties Cleveland.
The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.
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