Though it is a difficult and enviably position to be in, being a cash buyer means that you are likely to be able to push a purchase of a property through more rapidly. Estate agents
like working with cash buyers as there are fewer difficulties that can arise with the sale. Transactions with mortgages take place every single day and estate agents and brokers are
well-equipped to handle them, but there is no denying that a cash buyer is just that little bit simpler to handle.
If you are a cash buyer, you are also going to be chain-free. This means that you are not having to wait for the sale of your own property before you buy. Such a position is again
advantageous, and it means that you are going to be able to complete a transaction much more speedily.
Be aware of how much leeway you have as a cash buyer. You do not want to blow your budget on
a bidding war
with someone else. Work out how far you can stretch your budget, and then ensure that you are looking to buy property that is far below this in terms of cost.
Getting on the housing ladder quickly is difficult but it certainly isn't impossible. If you need to find a place to call home quickly you should be able to do so, but you might have
to manage your expectations more than you thought you would. Take a look at some of the options available on the property market for you now, and see if any of them would suit you.
You might be surprised at how many of them do in factalign with your personal preferences in terms of a home.