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Investor

Loan contingency

Rent back

What’s the Deal with Making a Cash Offer on a House?

HomeLight

AUGUST 31, 2021

A loan contingent on appraisal could fall through, and the seller would have to find another buyer or reduce the price. Investors commonly offer cash when buying homes to either flip or rent out. Issues pertaining to appraisal accounted for 26% home purchase delays as of April 2021.

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