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A fair cash offer on a house considers factors like the property's market value, condition, and location. Typically, it's around 80-90% of the home's market value minus repair costs. Cash buyers often seek discounts for quick closings and minimize seller concessions. Fairness varies based on local market conditions and negotiation dynamics, ensuring both buyer and seller achieve a mutually acceptable deal. To know more visit here https://www.904homebuyer.com/
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What Is A Fair Cash Offer On A House? Determining a fair cash offer on a house involves several factors that influence the negotiation process between the buyer and the seller. Unlike offers contingent on mortgage financing, cash offers generally carry different considerations and advantages, which can affect what constitutes a fair price. Market Conditions and Property Evaluation Property Condition and Repairs Potential for Negotiation Seller's Motivation Certainty of Funds Comparable Sales Quick Closing