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Some “cash buyers” were actually taking loans against their stock assets.
by spacemadness 4y ago
Some “cash buyers” were actually taking loans against their stock assets.
- lesuorac 4y agoAnd then a lot of them will take out a mortgage to payoff the loan against the stock after the house is purchased. Cash buying is one of those terms people don't understand. You're almost never getting a suitcase of 100's.
- __derek__ 4y ago> You're almost never getting a suitcase of 100's. And if you are, you may want to follow your escrow agent as they run out the door.