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Old 20 May 2017, 08:00 AM   #13
singe89
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Quote:
Originally Posted by BristolCavendish View Post
The 10% down payment factor is a somewhat insignificant/moot point in Silicon Valley as countless homebuyers from Asia (primarily China) are paying CASH for their homes. To them, $1-2 million upfront is a drop in the bucket.
That's happening down here too. $2M+ houses all cash and sell within days of listing from Asian buyers.
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