11/16/21

"Review All Offers!"

For many reasons, sellers should be free to accept any and all bids from buyers, including those with financing:

Increasing the number of possible purchasers and increasing competition for the seller are two effects of allowing buyers to use financing to buy a property. This may lead to a quicker sale or a higher sale price.

More choices: By allowing buyers to use financing, sellers can increase the number of offers they get, giving them more choices and raising the likelihood that they will find a buyer who fulfills their requirements.

Financing can provide purchasers more advantageous conditions, including lower interest rates, protracted payback schedules, and lesser down payments. As a result, it might be simpler for purchasers to buy the property, which might appeal to sellers more.

Convenience: By removing the requirement that purchasers pay the entire purchase price upfront in cash, allowing buyers to use financing can simplify the home-buying process. The sellers may find it simpler to finalize the sale as a result, since they won't have to worry about gathering and managing a sizable volume of money.

Overall, allowing sellers the freedom to accept any and all offers from buyers—including those with financing—can spur competition, offer more choices, enhance conditions, and streamline the purchasing process, all of which are advantageous to buyers and sellers.

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