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Cash is King: First-Timers Give Way to Bidders Coming Out of Foreclosure

By Andrew King

xxxx The all-cash buying craze has not let up at all in early 2014. In fact, most states have seen an increase in cash purchases—a great trend when you consider how popular cash buyers were last year and the fact that many institutional buyers are starting to drop out. But new types of all-cash buyers are emerging and brokers are embracing it.

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