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I was curious how different areas of the country may differ when it comes to cash buyers.

What percentage of your REO listings/closings have been cash buyers vs. financed?

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In my experience, cash buyers are making up 80% of the buyers for my listings. I handle North Broward & Palm Beach counties in Florida.

Wow, that's a significant percentage.  My own opinion was that cash buyers were averaging around 60% for REO closings nationwide.  Thanks for your input.

It depends on the locations and price range. You'll see a lot of cash buyers in areas where percentage of homeowners are below 80 or where price range is low.


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