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Old 10-08-2019, 09:45 PM   #87
dhays
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City: Gig Harbor
Country: United States
Vessel Name: Kinship
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Join Date: May 2015
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Quote:
Originally Posted by BandB View Post
I'd change the phrase to "I get better deals with immediacy." If you can complete the deal right then, it pays. Now, if you have financing lined up and do that subsequently or immediately, no issue. However, if one has to wait, it's a different story.

We bought our condo slip that way. It was a bank foreclosure and they just wanted to be rid of it. It was during the height of the recession and banks didnít want to loan on anything out of the ordinary. We made a cash offer at a ridiculously low price. The bank jumped at it to get it off their books ASAP.

Generally, I think that is an unusual situation and most sellers donít care about cash buyers or not unless the seller is in a hurry.
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Dave
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