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Company homebuyers as well as other real estate property investors noticed a chance to snap up discounted households and they favored having to pay in cash.
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§79e. Exchange of property; cash equalization payments; industrial operations, minimal economic dislocation and disruption
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These days, the forces driving up the share of all-cash dwelling purchases are really diverse. The housing marketplace is Again in the protracted revenue slump, but there isn’t a glut of residences — much less discounted or foreclosed Houses —- available to entice a crush of discount-looking, cash-having to pay real estate property buyers.