Cash changes everything. Why do sellers like cash offers? If all sales are all-cash to the seller at the end of the day (one of Britton’s least favorite sayings), what’s the difference? In this episode of Escrow Out Loud, our San Francisco Real Estate podcast, we look at all cash offers for San Francisco homes. From the dynamics of an individual purchase to the way a competitive market changes in response to cash offers: cash changes everything. Here’s a 2012 blog post we wrote about how cash changes everything for everyone as well.
Episode 08 – Cash Changes Everything
September 6, 2017
If you are a buyer in a competitive situation and you are financing your purchase, how can you compete against an all cash offer? Is it even worth trying? If you are a buyer and you are making an all cash offer, will you typically receive a discount in San Francisco? Does the highest offer always win in San Francisco?
An offer to purchase consists of price and terms, and when one of those terms is cash, not only does that particular transaction run a little differently, but the overall market is impacted as other non-cash buyers taht are financing their purchase with a loan adapt their offer terms and prices to compete.
Cash changes everything, and we hope you enjoy listening along to this episode of Escrow Out Loud, our San Francisco real estate podcast. Yes, we’ve got a website with listings, but we know that doesn’t mean much in 2017. From our podcast to our YouTube playlists This Week in San Francisco Real Estate and San Francisco Real Estate Q and A, we hope you’ll take the time to research us to see if we are the right fit for your next move in San Francisco. Please subscribe and tell your friends!