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Given the demand to close within 30 days, is this a cash-only process?

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Given the demand to close within 30 days, is this a cash-only process?

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Banks do not lend without a formal appraisal of the Physical property. This is a cash-only sale, so you must have your financing arranged. It is correct that you must have an appraisal for conventional financing. Conventional financing is not practical for this kind of purchase.

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