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That’s not fair though because it takes a few weeks for a broker to close on a mortgage whereas a cash buyer can pay immediately.
by jahewson 3y ago
That’s not fair though because it takes a few weeks for a broker to close on a mortgage whereas a cash buyer can pay immediately.
- sokoloff 3y agoWhat part of that is not fair? If someone else has more ready access to funds, and a seller wishes to prioritize highly for that, they should be able to. It would seem to me to be unfair to a seller to say "you must wait an extra N weeks on all sales because some buyers will need that long to get funds together".
- MrPatan 3y agoThe world is easier to understand when you replace "fair" with "good for me and mine in the shortest of terms"