< Back to JVM's Blog

Delayed Financing – Financing Immediately After Close for Cash Buyers

The Wall Street Journal reported today that over 30% of all home purchases are “all cash” transactions. Buyers pay cash b/c (1) they want to avoid debt; (2) they don’t want to go to the trouble of garnering financing; and (3) they want their offers to be more competitive “all cash” offers (relative to offers with financing that require contingencies and slower closings).

For cash buyers that would like financing in the end, we remind them that “delayed financing” remains available. Cash buyers are allowed to take cash out against a residential real property immediately after close.

Many lenders had six month seasoning periods years ago, but such seasoning is no longer required at most of our lending sources.

Jay Voorhees
Founder/Broker | JVM Lending
(855) 855-4491 | DRE# 01524255, NMLS# 335646