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Cash offers are the kings of L.A. real estate. Alas, offers with loans are only princes.
Cash offers are the kings of L.A. real estate. Alas, offers with loans are only princes.
Again, cash trumps loans in my world. A client made an excellent purchase offer with 20% down on a home, only to see the house go to somebody else who is paying cash. Apparently, that was the only difference between the two offers. Sigh. Take heart, buyers -- this will end someday.
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