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More Valuable than Gold

In today’s real estate market, there’s a real scarcity of buyers. That makes a house buyer willing to pay “cash” (no mortgage) a rare and highly desirable entity. Yet a seller recently rejected an offer of $11,000 under the asking price of $549,000 because, per his attorney, “If the buyer has cash he should pay full price.”

 

Don’t waste your time looking for the logic. It isn’t there. I tried.

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LitaWrites

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