As of 2024, all-cash buyers accounted for 32% of all U.S. homebuyers—a significant rise from previous years. But what if you don't have the cash on hand to make an offer?

An all-cash offer on a house doesn’t mean you can’t still get a mortgage. It just means changing the underwriting timeline.

"As a cash offer, a lot of times you're going to make that up by getting a better offer accepted," Perna said. In Ferndale, Perna says a young couple and first-time homebuyers used Knock after ...