Main Line Real Estate is no different than real estate across the country, but a lot of home sellers get confused, Is an all cash offer always the best? Is cash always King? Typically this is usually true! But there are several scenarios that you need to keep into account when looking at all offers when they’re on the table. For example: pay attention to all the terms in the agreement of sale concerning inspection contingencies, closing dates, inclusions and exclusions.
You can have an all cash offer but have a very long time frame for inspections to be completed. You could have a cash offer but you’re working with an experienced agent and they have been in contact many times with the buying agent and have a sense that the buyers are going to be very difficult and extremely picky with what they find wrong with the house and make this transaction extremely difficult. You can have a cash offer that the price is not very good or there lowballing you for your property which is definitely worth more than what they are willing to pay. Now don’t get me wrong cash offers are usually one of your strongest offers you are going to receive if the price is right and contingencies are exhibiting the norm. Please feel free to reach out at any time with any questions– we are here to help! Kimmy Rolph sells the Main Line and local areas!
