What is the advantage of buying a Woodstock home with cash?

Paying cash for a Woodstock home removes financing and appraisal contingencies entirely, which makes an offer more attractive to a seller and can shorten the time to closing since there is no lender underwriting to wait on. A cash buyer also avoids mortgage interest and any mortgage insurance, and skips the intangible recording tax that applies only to a financed note. The tradeoff is tying up a larger amount of capital in one asset rather than keeping it liquid or invested elsewhere. Joel Boss can walk through whether cash makes sense for a specific Woodstock purchase.