3 ms·
Luck or you just offered enough more that the seller bit. 5k is nothing on a 1m deal.
by hd95489 4y ago
Luck or you just offered enough more that the seller bit. 5k is nothing on a 1m deal.
- lolinder 4y agoIt's not the money that's the point, it's that the mortgage company is putting skin in the game. The value of a cash offer, aside from going above the appraisal value, is that there is no risk of it falling through due to financing problems. The $5k is nothing except that it shows that our offer may as well have been cash as far as that concern goes.