All-cash offers sometimes not worth the effort

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From the New York Times, this report that the "dream" of an all-cash buyer could turn into a nightmare.

For sellers, it seems, the dream has arrived.

Unfortunately, it turns out that the dream sometimes comes with a bit of an attitude problem.

Many buyers who are reliant on a mortgage are willing to bow and scrape a bit, happy to take a home with questionable detailing or a suspicious water spot on the ceiling, in order to give their offer a lift. But occasionally, buyers offering cash assume that status should afford certain concessions, even in a seller’s market.

Read the full scenario of bad cases here.

For your next title order or

if you have questions about what you see here, contact

Stephen M. Flatow, Esq.

Vested Land Services LLC

165 Passaic Avenue, Suite 101

Fairfield, NJ 07004

Tel 973-808-6130 - Fax 973-227-0645

E-mail sflatow AT vested.com

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