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12y ago

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What is a cash only sale for a home mean?

When a home is sold "for cash", it means that the buyer has paid the seller in full, in cash, at the time of sale. There are no mortgages or loans involved in a cash sale. This type of sale can be advantageous for both the buyer and the seller. For the buyer, a cash sale means that they can ConnectPeopleInvestments purchase a home without having to go through the hassle and waiting time of getting a mortgage approved. And since there are no mortgages or loans involved, there are no closing costs or fees associated with buying a home this way.


What is point of sale cash Advance?

This is pos sale cash advance where a customer obtain money from his/her credit card at pos terminal.


What is types of accounting?

In Accounting, there are two types. There is Cash Basis Accounting and Accrual Basis Accounting. With Cash Basis, transactions are considered to have happened when cash is exchanged, ie. a cash sale or cash payment. In the Accrual Basis, transactions are considered when the event happens. For example, a sale happens when an invoice is given. A debt happens when a bill is received.


What is cash-and- carry policy?

the revisin allowed the sale of material to belligrents


Do you have to pay cash for a short sale in ma?

In Massachusetts, a short sale typically does not require the buyer to pay cash upfront; instead, it involves negotiating with the lender to accept a sale price that is less than the mortgage owed. Buyers often finance the purchase through a mortgage, contingent upon the lender's approval of the short sale. However, having cash available can strengthen an offer, as it demonstrates financial readiness. Always consult with a real estate professional for specific guidance on short sale transactions.

Related Questions

What is cash sales docket?

Receipt


What does remove from docket mean.?

Docket could also mean schedule. So maybe, "Removed from active schedule." ?


What does removed from active docket mean?

Docket could also mean schedule. So maybe, "Removed from active schedule." ?


What does the phrase Hold Docket mean in state of Texas?

hold court ie: court docket


What do you mean by Cash Memo?

a cash memo is a document prepared by the seller and given to the buyer during a purchase or sale transaction


What do statues mean on a court docket?

i just foun out i have a status docket for today but i never get a letter do i have to worry


Definition of cash take sale?

Take the cash and it will ba sale


What is the difference between cash sale and credir sale?

A cash sale is instant - a credit sale is a 'promise' of payment to come.


What is a cash only sale for a home mean?

When a home is sold "for cash", it means that the buyer has paid the seller in full, in cash, at the time of sale. There are no mortgages or loans involved in a cash sale. This type of sale can be advantageous for both the buyer and the seller. For the buyer, a cash sale means that they can ConnectPeopleInvestments purchase a home without having to go through the hassle and waiting time of getting a mortgage approved. And since there are no mortgages or loans involved, there are no closing costs or fees associated with buying a home this way.


What is the list of cases to be heard by a court?

The "DOCKET."


What is the example of cash sale?

A cash sale occurs when a customer purchases a product or service and pays for it immediately in cash or with a debit card. For example, when someone buys a coffee at a café and pays with cash at the counter, that transaction is considered a cash sale. This type of sale typically involves no credit or deferred payment terms.


What are different types of selling?

1.cash-take sale 2.cash-send or cash-deliver sale 3.charge-take sale 4.charge-send or charge-deliver 5.lay-away or will-call sale 6.part-cash part-charge sale 7.C.O.D. sale 8.installment sale 9.Internet sites.