In a hot market, you can buy a home with cash — even if you don't have a lot of it
A cash offer is hard to beat. It used to be that only wealthy people and investors had the money. But now some lenders are helping the rest of us do it too, even if you don't actually have the cash.
Nicole Howson and her partner spent the pandemic cooped up in a small rental apartment in Florida with their two kids. So they decided it was time to move back to the Atlanta area, where they have family, and buy a house with more space.
Howson was in for a shocker. When they started looking at houses near Atlanta, they kept hitting a wall.
"I did, I think, 27 offers," she says. "None of them got accepted."
They discovered that this is the toughest housing market buyers have faced in many years. There aren't enough homes to meet demand, and they sell very quickly.
Howson liked one house so much that she put in
