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How many buyers pay cash for their homes?

According to the Profile of Home Buyers and Sellers conducted by the National Association of Realtors in 2009, 92% of homebuyers financed their most recent home purchase. Accordingly, that leaves 8% of those sales to cash. ... view answer >

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# Question Guru Date Answered
101 The buyer wants to take early possession of our house before closing. How is rent calculated? Do we count the day they take possession, and the day of closing? David Jackson 11/17/2009
102 What is the best way to choose a mortgage lender? Ellen Smith Gajda 11/17/2009
103 Can I buy a house with no money down? Susan Krancer 11/17/2009
104 I have limited funds for a down payment. Are there loans that don't require a 20% downpayment? Randi Snyder 11/17/2009
105 Can the Property Owner’s Association force me to make repairs on my property ? Lorraine Funk 11/17/2009
106 What credit score do I need to buy a house? Kim Kubisiak 11/17/2009
107 I live in Newport News. What kind of appreciation can I expect to earn on my house in a year’s time? Greg Hatcher 11/17/2009
108 How do I know if I have Chinese Drywall? Vic Rondinelli 11/17/2009
109 Who is responsible for having utilities on at walk through? Donna Moyer 11/16/2009
110 What happens if it is too cold outside to test the air conditioner at the walk through? Ellen McDaniel 11/16/2009
111 Is it true that there can be penalties for not paying off an FHA mortgage in a certain time frame? How can I avoid that? Tim Blowe, MetLife Mortgage 11/16/2009
112 How do I select a home inspector? Diana Rondinelli 11/16/2009
113 What is a deed-in-lieu of foreclosure? Liz Moore 11/16/2009
114 I have a business in my home. Is that a problem when I'm picking out a house to buy? Verle Melz 11/15/2009
115 I’m a first time homebuyer. Should I ask the seller to pay for a termite & moisture inspection, or should I? Mary Lou Majdeski 11/15/2009
116 Can you explain "shrink swell soil?" Belinda Chandler 11/14/2009
117 How do I avoid paying junk fees associated with obtaining a mortgage? Barbara Randall 11/14/2009
118 What does "time is of the essence" mean? Tim Parker 11/13/2009
119 Who signs a contract if the seller is an estate? Brian D. Lytle, Esq. 11/13/2009
120 How many buyers pay cash for their homes? Liz Moore 11/11/2009

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