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How to Read a Cash Offer
$502,000 or $498,000—which offer would you take?
The higher offer might seem like the better deal, but that’s not always the case.
In today’s USA House Partners Podcast, Broker Greg explains why sellers should look beyond the offer price and focus on net proceeds, closing costs, contingencies, financing risk, and closing time.
In his example, the $498K cash offer actually puts about $2,000 more in the seller’s pocket and closes in just 14 days.
Don’t just ask, “What’s the offer?” Ask, “What’s my net?”
Thinking about selling? Reach out to Greg at Greg@USAHousePartners.com.
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The skinny
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