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Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA (Coldwell Banker Access Realty)

Answers

Rainmaker
1,786,884
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

C:F Ratio right now is .50

Aug 18, 2015 11:47 PM
Rainmaker
316,148
Robert Smith
Preview Properties, PC - http://www.RealEstateMich.com - Brighton, MI
SRES, Search for Homes Brighton-Howell-SE Michigan

In my area, cash sales are down quite a bit this year.

Aug 18, 2015 11:44 PM
Rainmaker
1,678,196
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM

Mostly financing but a few cash transactions.

Aug 18, 2015 10:55 PM
Rainmaker
6,315,023
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I checked these stats last month, and am running about 25% cash, rest are financed, including my listings and buyers.

Aug 18, 2015 10:54 PM
Rainmaker
1,157,857
FN LN
Toronto, ON

Financing is more common in my area than paying cash.

Aug 18, 2015 10:45 PM
Rainmaker
5,589,875
Barbara Todaro
Keller Williams Elite - Franklin, MA
"connecting land with builders"

most are paid with a mortgage contingency.... strong down payment, but a mortgage is requested....

Aug 18, 2015 10:35 PM
Rainmaker
805,626
The Woodland Team North Shore Lake Superior
The Woodland Companies - Grand Marais, MN
Land Specialists

Mostly financed.

Nov 16, 2018 09:28 PM
Rainmaker
5,705,458
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

I've only had one all-cash sale this year-to-date. So I'd say 99% financing.

Aug 18, 2015 11:48 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Here in Pinellas County FLorida, my percentages align with the county sales of 58% cash purchase and 42%  financing.

This will raise in excess of 60% around February. 

This is a tough location to make a living as a mortgage broker without a great network of referring agents.

Aug 18, 2015 10:21 PM
Ambassador
7,090,927
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

mostly finananced

 

Feb 11, 2018 11:24 PM
Rainmaker
1,677,465
Winston Heverly
Coldwell Banker Access Realty - South Macon, GA
GRI, ABR, SFR, CDPE, CIAS, PA

Thanks to all of you participating in my question. The ratio seems ato come in different ranges. 100k or below I would say 98% cash. 100k-200k probably 60% cash /40% financed. Above 200k 50/50. 

Aug 19, 2015 01:01 PM
Rainmaker
634,582
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

So far this year about 2/3 all cash and the rest using financing.

Aug 19, 2015 07:29 AM
Rainer
150,769
Ed Macias
Real Estate Teammates - Miami, FL
Miami FL-REO Property Management Multifamily

Still cash is king

Aug 19, 2015 07:19 AM
Rainmaker
212,860
Stefan Winter
Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV
Owner - Winter Group & Real Estate Web Tech

I would say 40% cash 60% finance. Still a lot of investors picking up property, but a lot less then it used to be.

Aug 19, 2015 05:25 AM
Rainmaker
637,764
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Great question. Recently, it's been more cash.

Aug 19, 2015 02:55 AM
Rainmaker
3,986,584
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

All of 90% are financed.

Aug 19, 2015 02:47 AM
Rainmaker
1,574,716
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

Up until about a year ago it seemed like I had more cash buyers.  Now, its financing which has become a bit more challenging with appraisals in a rising market!

Aug 19, 2015 12:53 AM
Rainmaker
8,568,168
Roy Kelley
Retired - Gaithersburg, MD

In our market, many investors have cash transactions but the majority of owner occupants use mortgage financing. 

Aug 19, 2015 12:17 AM
Rainmaker
1,712,712
Thomas J. Nelson, REALTOR ® CRS,ABR,PSA,RCS-D, CFSP
Big Block LPT Realty 858.232.8722 - San Diego, CA
Coastal San Diego, Veteran's & Retirees Services

The cash to loans ratio for me in 2014 were definitely 50/50, however this year, I'm feeling like it's 70/30 with more loans. I confess this is an estimate, I'm out of the office week at Mastermind Summit 2015.

Aug 19, 2015 12:10 AM
Rainmaker
455,166
Bob Haywood
McGraw Realtors - Owasso, OK
BobHaywood.com

Vast majority here are still with financing.  Very few cash buyers

Aug 19, 2015 12:04 AM
Rainmaker
175,669
Spirit Messingham
Tierra Antigua Realty - Tucson, AZ
Third Generation Full-Time Realtor® 520 471-6900

In all of Tucson, 30% cash transactions currently.   Dont have to guess.  I work several cash transactions a year but probably around 20% of the business I do.  Changes nothing on my end, just less work and less to manage when you take the lender out of the 3 ring circus. 

Aug 18, 2015 11:52 PM