Even You Can Buy a House With Cash
NPR Planet Money, Jan. 19, 2022–Chris Arnold, Darian Woods
Home sellers love cash offers because the deal can close quickly and they don’t have to worry about a buyer not qualifying for a mortgage. But cash offers aren’t doable for the average homebuyer. That’s where companies come in that will offer to purchase a home on behalf of an average buyer in cash so you don’t have to worry about competing with investors or wealthy buyers beating them out with a cash bid.
https://www.npr.org/2022/01/18/1073944283/even-you-can-buy-a-house-with-cash