According to the National Association of Realtors, nearly a quarter of recent home buyers paid cash for their purchase. With such a large chunk of the market willing to bypass the mortgage process, it’s important to look at the benefits and disadvantages of a cash sale before accepting an offer. Selling your home for cash could allow you to get rid of it faster, but it may result in less profit than you were hoping to make. 

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Most people understand what foreclosure is, but what is a pre-foreclosure home? As the name implies, it comes before a lender officially starts foreclosure proceedings.

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