Jan. 25, 2012 – Along with the low home values, another trend has been noticed – buyers are paying cash! RISMedia notes “nearly one out of three home sales in December went to buyers who paid all cash”.
This may be to completely bypass the chaos with lending nowadays. Who knows. All cash offers do, however, catch the eye of the seller. RISMedia states, “the combination of all cash and shorter closing timelines convinced many sellers to accept lower bids”.
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Are you ready to buy? Whether you plan on borrowing money or not, a Coldwell Banker de Wetter Hovious REALTOR® will help you through the buying process. Call (915) 834-4000 or visit www.cbelpaso.com.
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