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Cash Purchase

 
Real Estate Dictionary: Cash Purchase
 

Acquisition without financing; buyer pays all cash.
Example: The seller offered a lower price for a cash purchase because the buyer could close immediately, and Transaction Costs to the seller would be less than for a sale involving financing.

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Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more

 

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