Today I'm dispelling the myth that you have to present a cash offer in order to buy a home right now. There are actually a lot of things that a seller considers when looking at your offer, and believe it or not, cash isn't always the most attractive offer.
Don't be discouraged if you're interested in buying a home right now. Recent data shows that in July 2021, 71.4% of transactions closed with buyers that had obtained a loan. 28.3% of buyers paid cash. More buyers are using loans to buy their homes than cash.
So don't just stand on the sidelines if buying a home is on your radar. Let's chat!