Why Unconditional 'Cash' Offers Are Risky Business for Alberta Homebuyers
[Karri is a licensed real estate agent and former mortgage broker.]
Last year the Real Estate Council of Alberta (RECA) issued a consumer bulletin warning of the inherent risks. While Alberta may find themselves in literal lineups to view and offer on homes, there is measurable risk in going 'all cash,' risk that goes beyond 'just' losing the deposit.
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