1{2 "indexed": {3 "date-parts": [4 [5 2026,6 3,7 68 ]9 ],10 "date-time": "2026-03-06T00:12:41Z",11 "timestamp": 1772755961986,12 "version": "3.50.1"13 },14 "reference-count": 18,15 "publisher": "Wiley",16 "issue": "1",17 "license": [18 {19 "start": {20 "date-parts": [21 [22 2003,23 9,24 2625 ]26 ],27 "date-time": "2003-09-26T00:00:00Z",28 "timestamp": 106453440000029 },30 "content-version": "vor",31 "delay-in-days": 4226,32 "URL": "http://onlinelibrary.wiley.com/termsAndConditions#vor"33 }34 ],35 "content-domain": {36 "domain": [],37 "crossmark-restriction": false38 },39 "short-container-title": [40 "Real Estate Economics"41 ],42 "published-print": {43 "date-parts": [44 [45 1992,46 347 ]48 ]49 },50 "abstract": "<jats:p>This paper investigates the price effects of cash versus mortgage transactions. Our hypothesis that home sales involving all\u2010cash transactions will sell at discount is borne out by the results of this study. Analyzing a sample of comparable row home dwelling units, we find that all\u2010cash transactions are associated with roughly a 13% price discount relative to transactions involving financing terms that are typical of the market. Cash is King. The findings are consistent with theories regarding buyer\u2014seller behavior.</jats:p>",51 "DOI": "10.1111/1540-6229.00576",52 "type": "journal-article",53 "created": {54 "date-parts": [55 [56 2003,57 9,58 2659 ]60 ],61 "date-time": "2003-09-26T13:42:34Z",62 "timestamp": 106458375400063 },64 "page": "141-154",65 "source": "Crossref",66 "is-referenced-by-count": 22,67 "title": [68 "The Price Effects of Cash versus Mortgage Transactions"69 ],70 "prefix": "10.1111",71 "volume": "20",72 "author": [73 {74 "given": "Paul K.",75 "family": "Asabere",76 "sequence": "first",77 "affiliation": [],78 "role": [79 {80 "role": "author",81 "vocabulary": "crossref"82 }83 ]84 },85 {86 "given": "Forrest E.",87 "family": "Huffman",88 "sequence": "additional",89 "affiliation": [],90 "role": [91 {92 "role": "author",93 "vocabulary": "crossref"94 }95 ]96 },97 {98 "given": "Seyed",99 "family": "Mehdiany",100 "sequence": "additional",101 "affiliation": [],102 "role": [103 {104 "role": "author",105 "vocabulary": "crossref"106 }107 ]108 }109 ],110 "member": "311",111 "published-online": {112 "date-parts": [113 [114 2003,115 9,116 26117 ]118 ]119 },120 "reference": [121 {122 "key": "e_1_2_1_2_1",123 "doi-asserted-by": "publisher",124 "DOI": "10.1111/j.1465-7295.1987.tb00730.x"125 },126 {127 "key": "e_1_2_1_3_1",128 "first-page": "33",129 "article-title": "The Effects of Financing on the Sale of Multi\u2010Family Properties",130 "volume": "49",131 "author": "Bible D.S.",132 "year": "1983",133 "journal-title": "Real Estate Appraiser and Analyst"134 },135 {136 "key": "e_1_2_1_4_1",137 "first-page": "229",138 "article-title": "Capitalization of Seller\u2010Supplied Financing: Implications for Assessment",139 "volume": "3",140 "author": "Clauretie T.M.",141 "year": "1984",142 "journal-title": "Property Tax Journal"143 },144 {145 "key": "e_1_2_1_5_1",146 "doi-asserted-by": "publisher",147 "DOI": "10.2307/3146175"148 },149 {150 "key": "e_1_2_1_6_1",151 "first-page": "55",152 "article-title": "Financing Adjustments via Cash Equivalency: Evidence on Accuracy",153 "volume": "49",154 "author": "Corgel J.B.",155 "year": "1983",156 "journal-title": "Real Estate Appraiser and Analyst"157 },158 {159 "key": "e_1_2_1_7_1",160 "first-page": "329",161 "article-title": "Valuation and Efficiency in the Market for Creative Financing. Extensions of a Working Model",162 "volume": "4",163 "author": "Dale\u2010Johnson D.",164 "year": "1985",165 "journal-title": "Property Tax Journal"166 },167 {168 "key": "e_1_2_1_8_1",169 "first-page": "139",170 "article-title": "Assumption Loan Value in Creative Financing",171 "volume": "3",172 "author": "Ferreira E.J.",173 "year": "1984",174 "journal-title": "Housing Finance Review"175 },176 {177 "key": "e_1_2_1_9_1",178 "doi-asserted-by": "publisher",179 "DOI": "10.1007/BF00152349"180 },181 {182 "key": "e_1_2_1_10_1",183 "first-page": "63",184 "article-title": "On Adjusting the Price of \u2018Creatively Financed\u2019 Residential Sales: Cash Equivalence vs. FFVA",185 "volume": "2",186 "author": "Findlay M.C.",187 "year": "1983",188 "journal-title": "Housing Finance Review"189 },190 {191 "key": "e_1_2_1_11_1",192 "first-page": "189",193 "article-title": "Affordabiliy and the Value of Creative Finance: An Application to Seller Financed Transactions",194 "volume": "5",195 "author": "Haurin D.R.",196 "year": "1986",197 "journal-title": "Housing Finance Review"198 },199 {200 "key": "e_1_2_1_12_1",201 "first-page": "5",202 "article-title": "The Effect of Creative Financing on the Value of Single\u2010Family Homes",203 "volume": "50",204 "author": "Hubert J.",205 "year": "1984",206 "journal-title": "Real Estate Appraiser and Analyst"207 },208 {209 "key": "e_1_2_1_13_1",210 "volume-title": "Property Taxes, Amenities, and Residential Land Values",211 "author": "King A.T.",212 "year": "1973"213 },214 {215 "key": "e_1_2_1_14_1",216 "doi-asserted-by": "publisher",217 "DOI": "10.1111/1540-6229.00391"218 },219 {220 "key": "e_1_2_1_15_1",221 "first-page": "119",222 "article-title": "Creative Financing and House Prices: A Study of Capitalization Effects",223 "volume": "3",224 "author": "Rosen K.T.",225 "year": "1984",226 "journal-title": "Housing Finance Review"227 },228 {229 "key": "e_1_2_1_16_1",230 "first-page": "35",231 "article-title": "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition",232 "author": "Rosen S.",233 "year": "1974",234 "journal-title": "Journal of Political Economy"235 },236 {237 "key": "e_1_2_1_17_1",238 "doi-asserted-by": "publisher",239 "DOI": "10.2307/2330722"240 },241 {242 "key": "e_1_2_1_18_1",243 "first-page": "129",244 "article-title": "The Valuation of Creative Financing in Housing",245 "volume": "3",246 "author": "Smith D.S.",247 "year": "1984",248 "journal-title": "Housing Finance Review"249 },250 {251 "key": "e_1_2_1_19_1",252 "doi-asserted-by": "crossref",253 "first-page": "247",254 "DOI": "10.1080/10835547.1990.12090620",255 "article-title": "The Value of Mortgage Assumptions: An Empirical Test",256 "volume": "5",257 "author": "Sunderman M.A.",258 "year": "1990",259 "journal-title": "Journal of Real Estate Research"260 }261 ],262 "container-title": [263 "Real Estate Economics"264 ],265 "language": "en",266 "link": [267 {268 "URL": "https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1111%2F1540-6229.00576",269 "content-type": "unspecified",270 "content-version": "vor",271 "intended-application": "text-mining"272 },273 {274 "URL": "https://onlinelibrary.wiley.com/doi/pdf/10.1111/1540-6229.00576",275 "content-type": "unspecified",276 "content-version": "vor",277 "intended-application": "similarity-checking"278 }279 ],280 "deposited": {281 "date-parts": [282 [283 2023,284 10,285 23286 ]287 ],288 "date-time": "2023-10-23T08:29:52Z",289 "timestamp": 1698049792000290 },291 "score": 68.5801,292 "resource": {293 "primary": {294 "URL": "https://onlinelibrary.wiley.com/doi/10.1111/1540-6229.00576"295 }296 },297 "issued": {298 "date-parts": [299 [300 1992,301 3302 ]303 ]304 },305 "references-count": 18,306 "journal-issue": {307 "issue": "1",308 "published-print": {309 "date-parts": [310 [311 1992,312 3313 ]314 ]315 }316 },317 "alternative-id": [318 "10.1111/1540-6229.00576"319 ],320 "URL": "https://doi.org/10.1111/1540-6229.00576",321 "archive": [322 "Portico"323 ],324 "ISSN": [325 "1080-8620",326 "1540-6229"327 ],328 "issn-type": [329 {330 "value": "1080-8620",331 "type": "print"332 },333 {334 "value": "1540-6229",335 "type": "electronic"336 }337 ],338 "published": {339 "date-parts": [340 [341 1992,342 3343 ]344 ]345 }346}