Cash Buyer
A cash buyer is a customer who completes a purchase by directly providing funds at the time of order, either in the form of physical cash, a check, or a money order.
Owner-occupancy, primary residence, secondary residence, and non-owner-occupied property terms.
Owner Occupancy and Residence Status covers tenancy, ownership, home equity, borrower capital, leasehold and freehold concepts, and property-use rights that affect financing.
Use these pages when ownership form or occupancy rights change collateral value, borrower equity, lending eligibility, or investor control. It sits inside Tenancy and Ownership, so readers can move up when the broader property-finance context matters.
Use the table below to choose the narrower mortgage or real-estate finance branch before applying a term to a loan file, closing record, servicing review, investor report, appraisal, or valuation model. Move into the term page when the document, calculation, party role, lien position, or property cash flow matters.
| Area | Use it for |
|---|---|
| Cash Buyer | A cash buyer is a customer who completes a purchase by directly providing funds at the time of order, either in the form of physical cash, a check, or a money order. |
| Mortgage Out | Mortgage Out is a financing strategy employed by real estate developers to secure funding that exceeds the actual cost of constructing a project. |
| Non-Owner Occupied | Non-owner occupied refers to real estate that the owner does not occupy as a personal residence. |
| Non-Primary Residence | A Non-Primary Residence refers to any property that does not serve as the principal dwelling for an individual. |
| Primary Residence | A Primary Residence or Principal Residence is the main dwelling where an individual lives for the majority of the year. |
| Secondary Residence | A secondary residence, also known as a vacation home or second home, is any property owned by an individual that is not their main home. |
Tenancy and ownership content is educational and does not provide legal, tax, title, lending, or estate-planning advice.
Choose a subsection first. Deeper term pages live inside each subsection, which keeps large topic hubs readable.
A cash buyer is a customer who completes a purchase by directly providing funds at the time of order, either in the form of physical cash, a check, or a money order.
Mortgage Out is a financing strategy employed by real estate developers to secure funding that exceeds the actual cost of constructing a project.
Non-owner occupied refers to real estate that the owner does not occupy as a personal residence.
A Non-Primary Residence refers to any property that does not serve as the principal dwelling for an individual.
A Primary Residence or Principal Residence is the main dwelling where an individual lives for the majority of the year.
A secondary residence, also known as a vacation home or second home, is any property owned by an individual that is not their main home.