Kenna Real Estate Group · Colorado cash buyers
Cash wins the offer and skips the appraisal. A mortgage on part of the price keeps the reserve liquid. The buyers with the cash to pay in full are doing both, and here is how the numbers work.
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Write the offer as cash, then decide how much to finance before closing. A cash offer with no financing contingency wins against financed offers and closes in two weeks; a delayed-financing loan or a mortgage on 40 to 60 percent of the price after closing puts part of the cash back in the account within 90 days. At 7 percent a $300,000 loan costs $1,996 a month; a $700,000 reserve earning 4 to 5 percent covers most of it, and stays liquid for a medical bill, a second home or the market.
All cash
2 weeks
Wins the offer. Ties up every dollar.
Cash offer, finance after
$300,000 loan
Keeps the cash-offer edge and the liquidity.
Mortgage on part
40% to 60%
A smaller loan makes the rate matter less; the reserve earns while it waits.
Retirees
Reserve first
Home equity does not pay a surprise bill unless you borrow against it or sell.
| All cash | Cash offer, finance $300,000 after | Finance $420,000 (40% down) | |
|---|---|---|---|
| Cash at closing | $700,000 | $700,000, then $300,000 back within 90 days | $280,000 plus closing costs |
| Monthly principal and interest at 7% | $0 | $1,996 | $2,794 |
| Reserve left | lowest | $300,000 more than all cash | $420,000 more than all cash |
| Offer strength | strongest | strongest | financed; appraisal and loan contingencies |
| Best for | Buyers with far more cash than they need | Buyers who want the winning offer and the liquidity | Buyers who want the reserve and can carry the payment |
kennarealestate.com · free guide
The $1M, $3M and $5M inventory by city, the homes past 60 days, and the questions to ask on gated, acreage, view and new-build properties
3,515 Colorado homes over $1 million, 469 over $3 million, 600 luxury acreage homes. Above $1.5 million the market moves slower, so the homes past 60 days are where the negotiation is. The questions are the gate, the well, the view and the district.
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KENNA REAL ESTATE GROUP
Call or text 303-955-4220 · A live person answers.
Cash buyers skip the lender lines but not title, recording or prepaids: closing costs for Colorado buyers.
Text the address and the cash you want to keep to 303-955-4220. A live person sends all three ways, with the offer strategy, the same day.
Call or text 303-955-4220Colorado luxury homesPay cash for the offer, then finance the part you want back. A delayed-financing loan within 90 days or a mortgage on 40 to 60 percent of the price keeps the winning offer and the liquidity. All cash only when you have far more than you need.
A mortgage taken out within 90 days after a cash purchase that returns part of the cash to you. Lenders treat it as a purchase loan, not a cash-out refinance, so the rules and the rate are the purchase rules.
Yes. No appraisal, no loan contingency and a two-week close beat financed offers on price ties, and sellers of homes past 30 days on market take a lower cash price for certainty.
A large payment on a fixed income is. A small loan that the reserve covers, or a HECM for purchase with no monthly payment at 62 and up, keeps the cash and the sleep. Ask the CPA and the lender in the same week.