Is buying a house with cash a good idea? Should paying cash for a house be encouraged? Buying real estate is a powerful investment but homebuyers can make it even more powerful by paying with cash.

Reasons why sellers like cash offers:

1. No appraisal contingency. Appraisals are not cast in gold. The most common method is the reliance on comparable sales, known as the comparative method.

2. No loan funding contingency. Even though a buyer may be fully qualified to buy a home at inception, a hundred things can come up during the loan process. More commonly, lenders deny loans because the buyers' qualifications change upon further scrutiny.

3. Faster closing. A faster closing puts money into the seller's pocket sooner. A buyer does not need 30 or 45 days to close if the buyer is not obtaining a loan.

Virtual Cash Home Buyers presents a unique, simple approach for selling your home! They are a newly cash home buyers Lawton, and can buy your home in any condition, in any area!

Benefits to buyers to pay cash for a home: Buyers who pay cash for REO homes tend to win multiple offer situations. Here are other benefits for buyers:

1. No mortgage payment.

2. Sense of security.

3. Available equity in the event of a financial emergency.

4. Market fluctuations do not matter

5. No restrictions on title transfer due to underlying loan