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Financing after closing gains momentum in U.S.

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A tight inventory of luxury homes nationwide has pushed potential buyers to look their best and one way to make a bid look spectacular is to offer all-cash. But paying up front doesn’t mean that these cash buyers aren’t financing after the fact.  The Wall Street Journal reported that delayed financing — taking out a mortgage after the deal has closed — has  picked up over the past 12 months. The trend is most pronounced in affluent [more]



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