Why would the bank owning the property want the buyer to get a mortgage? Chances are remote that the seller will be the lender (unless they made it a condition of the sale, which is unlikely). And it's pure speculation that the seller is a bank anyway.
It seems that in practice, sellers tend to treat cash and financed purchase offers as the same, even though cash deals go faster and have fewer headaches. It all comes down to how much the offer is and how credible is the buyer.
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Today's Featured Article - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
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