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A comment on How Zillow's homebuying scheme lost $881M. Parent comment

Re:How Zillow's homebuying scheme lost $881M by Dylan16807 on Friday March 18, 2022 @05:35PM (#30727851)
> If there's any kind of financing involved, the bank will need to approve the purchase, slowing down the process, which is what a cash offer bypasses.

That's not "already secured" then, is it?

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Re:How Zillow's homebuying scheme lost $881M by jjav on Friday March 18, 2022 @06:45PM (#30728564)
Correct. But the point was that if you're getting financing from an institution, there is no such thing as secured, before they evalute the house and the offer.
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