Can you believe it? More than half of all transactions in Florida have been all cash, no mortgage.
My non-island buying clients tell me it’s like a strip-search to get a loan, and I believe them. But often, they can’t afford to buy without financing. And lots of times, the properties in which they are interested are swooped up by a cash buyer who plans to renovate and rent.
It’s a conundrum. Here’s the story: CLICK HERE