I'm in the process of selling my home in Olathe, Kansas. I hear that home buyers can't get financing, so how will a home buyer buy my home?

Question: I'm in the process of selling my home in Olathe, Kansas. I hear that home buyers can't get financing, so how will a home buyer buy my home?

Emily D. from Olathe, Kansas

Answer: Great question, Emily. Although you may have heard that buyers can't get financing and they must pay cash, it is not all true. Although there has been an increase in cash home buyers, not all homes are being sold in Johnson County, Kansas to cash home buyers. Below is the financing stats for the past month in Johnson County.

Although 21% of the home purchases in Johnson County, Kansas are being sold to cash home buyers, 77% of the home purchases were by home buyers who obtained a home loan. Out of the 77% of the home purchases, 21% were by home buyers who obtained a FHA home loan and 53% of the home buyers obtained a conventional home loan.


It is harder to obtain a home loan today than it was to obtain a home loan 5 years, but buyers are still obtaining a home mortgage. 


If your home is priced correctly, Emily, you should be able to sell your home to a home buyer.



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