Guest Blog: Competing with cash offers
After searching for months and seeing everything from Sarasota short sales to Siesta Key beachfront condos, the perfect home finally comes on the market. You are pre-approved and ready to go the day it becomes available, but so is another buyer, and they are purchasing with cash. Having sold before you know that cash offers are strongest and you really want this house. You have the funds available for purchase, but decided you want to take advantage of the historically low interest rates in addition to other plans for your liquid funds. What is your best option?