Cash Remains King in Bonita Springs Real Estate Sales
Cash talks in Bonita Springs real estate sales. A whopping 64% of real estate sold in Bonita Springs and Estero was paid for with cash, followed slightly by about 31% of real estate sales paid for with conventional financing. About 3% of sales were FHA Mortgages and a scant amount was classified as other which could mean a trade or even private money or hard money. There were no recorded sales that were owner financing. Owner financing in Bonita Springs has just not been popular.