How to Make a Cash Offer Without Cash!!

Did you know you don't actually need cash in the bank to make a cash offer? Yes, that's right. By making a cash offer you just make the offer non-contingent on you getting a loan. You can still get money from a bank just like a normal purchase. So what's the catch? The only thing to be aware of is that if for some reason you do not qualify for the loan your earnest money would go to the Seller. So as long as you make sure you are pre-qualified through a dependable lender you can increase your odds of a Seller accepting an offer that they might have otherwise turned away. It can be a great strategy, not only in times like these where financing can be difficult, but also when Sellers receive multiple offers.