Homebuyers who offered cash were a whopping 334 percent more likely to win a bidding war than those who chose to finance their purchase, according to a report from Redfin released Monday.
With the supply of homes hitting record lows nationwide, prices are skyrocketing, and homes are getting snatched up as soon as they become available. If you’re selling a home, you currently are in a prime position to attract multiple offers and possibly incite a bidding war if you play your cards right.
