These states see the most all-cash home purchases

These states see the most all-cash home purchases

While many people take out a mortgage to buy a home, some homebuyers use cash to make their purchases. The share of homes bought with all cash varies from state to state, with some states standing out as seeing the largest percentages, according to a recently released analysis by New American Funding. Putting in all-cash offers on a house can "help buyers stand out in multiple-offer situations" as well as lead to a quicker closing, according to …

Financial News Network - These states see the most all-cash home purchases

The share of homes bought with all cash varies from state to state, with West Virginia and New York seeing some of the largest percentages, per a recently released analysis.Read More …