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what paying “cash” at a closing means?

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11-12-2009, 02:02 PM

LHD

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what paying “cash” at a closing means?

I am a buyer of a three story building in New Jersey. I will buy it for my business purposes. I have always wondered what paying “cash” at a closing means? Does it mean a cashier’s check, a personal check, or a bag of money? What are the benefits and risks to the buyer and seller?

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