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Cons of a Traditional Real Estate Transaction

  • Dan_G
  • Dec 30, 2022
  • 1 min read

Cons of a traditional residential real estate transaction:

  1. Time: Traditional real estate transactions can take longer to complete than cash sales, as they may involve obtaining financing, appraisals, inspections, and other steps that can add time to the process.

  2. Cost: Traditional real estate transactions can be more expensive than cash sales, as the buyer may have to pay closing costs and other fees associated with obtaining financing.

  3. Risk of financing issues: There is always the risk that the buyer's financing may fall through or that there may be issues with the mortgage process, which could delay or even derail the sale.

  4. Complexity: Traditional real estate transactions can be complex, involving multiple parties and a variety of legal and financial considerations. This can make the process more challenging for some buyers and sellers.

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Disclaimer: House is being sold as-is, and the buyer is to pay all closing costs. No representations written or oral are made concerning the properties above. Price is based on a cash or hard money offer and is net to the seller. All offers on properties require a $Number to $Number non-refundable earnest deposit and have an average 14-day close of escrow—buyers to do their own independent due diligence. Buyout Realty, LLC and/or Buyout Realty, LLC's members or employees make no guarantees concerning property condition, value, characteristics or financial benefits. Equal Opportunity Housing.
 

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