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Buying a house with 100% cash
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noraa
Posts: 15 Forumite
hi i am a international student and i am wondering will i be able to get a house lower then the listed price.
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Comments
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You can put in an offer and see if it's accepted, but you may well find people having legitimate moneylaundering concerns if it's physical cash. They'll want to know the source of the funds.The ability of skinny old ladies to carry huge loads is phenomenal. An ant can carry one hundred times its own weight, but there is no known limit to the lifting power of the average tiny eighty-year-old Spanish peasant grandmother.0
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Depends on the vendor involved really. The reason many cash buyers are able to get a better purchase price is due to the timescales involved & the fact that there is no chain to break down. Make sure you have funds available when you want to buy, don't have it sat in in 90 day access account.
Also be prepared to show ID etc to comply with the money laundering legislation.0
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