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BANKS WANT CASH! Passing on higher financed offers

BANKS WANT CASH! Passing on higher financed offers

I had a VERY strong Buyer 20% down and $5000.00 non refundable, the bank rejects the offer and takes a cash offer $35,000.00 LOWER!! This is why Hard Money Lenders or HELOC give the investor a HUGE advantage.

Thoughts ?



Denis DaSilva Broker Associate REALTOR®, e-PRO®, LMC®, CDPE®, REOTRANS PLATINUM CERTIFIED®

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Posted Tuesday Sep 22