DALLAS—Homebuying is notoriously synonymous with stress and most importantly, cash on hand. With the real estate market becoming increasingly competitive, cash buyers are beating out those who don't have access to immediate cash.
But that is changing with Ribbon's expansion to Texas. Now, homebuyers have the ability to make a non-contingent all-cash offer to sellers, ensuring a guaranteed close and less stress for both sellers, agents and buyers.
"With low-interest rates, many are looking to purchase a home, creating a significantly competitive market," said Shaival Shah, CEO and co-founder of Ribbon. "Entering Texas gives us an opportunity to assist more real estate agents help homebuyers find their dream homes, giving them the ability to make cash offers when necessary so as to create an equal opportunity for all to purchase a home."
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
