Tired of Losing Bidding Wars to Cash Buyers? We Have the Solution!
Thanks to a number of factors, the housing market has arguably never been more competitive than it is right now. Those looking to buy a home are dealing with historically low inventory and facing increasing competition from Wall Street, other corporate interests, and cash buyers, all of which are more likely to win the bidding wars that have now become commonplace. In fact, recent studies have shown that cash buyers are four times more likely to win bidding wars [ 1 ] . A Trusted Mortgage Lender As one of the nation’s largest mortgage lenders , New American Funding is fully aware of how this is impacting traditional homebuyers. Our team of mortgage professionals constantly hears the same sentiment from our customers and our real estate agent partners: how can traditional homebuyers compete in today’s market and secure their dream home? The answer is by becoming cash buyers themselves. But how do they do that? New American Funding has the solution. We are partnering with Buye...