How to beat out a cash offer
First you get all of your finances in order and start the process of looking for the home you and your family need. After a while of searching for the perfect home- You find it, this is the one you can see your furniture in, see your daughter come down the stairs for her first date, see your son hanging in the living room with his buddies and all of the other dreams you have for your home. You are so excited you found it! However, you’re not the only one that loves the home, because there are multiple offers — and one of them is cash. Cash buyers are seen as desirable because they’re almost always a guaranteed quick close. They don’t have to borrow money from a bank therefore won’t have any financing hang-ups, which is where a large portion of offers fall through. Don’t worry; not all hope is lost. Follow the steps below to beef up your offer and get your foot in the door. So to speak; Get Pre-Qualified and Pre-Approved Have your lender do the DU app...