AlfonsoGomezBroker.com - To the frustration of first time home buyers more and more cash buyers continue to emerge. Home sellers will always favor cash offer over financed offers because they are smoother and a lot faster to close. All cash offers can close within 3 to 5 business days vs 45 to 60 days...
The only possibly way to compete with an all cash offer is to offer significantly highly than the asking price and MAYBE you'd be considered.
First time home buyers, keep your head up and keep searching.
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