Skip to content
Foreclosures

User Stats

125
Posts
36
Votes
Harry Metzinger
  • Rental Property Investor
  • Marlton, NJ
36
Votes |
125
Posts

Cash Offers on Short Sales

Harry Metzinger
  • Rental Property Investor
  • Marlton, NJ
Posted Apr 1 2016, 07:57

In my limited experience, it seems that many banks value cash offers on REO properties. In other words, a bank will accept a cash offer that is at a lesser amount than a financed offer. I am curious in your experience, is the same true for short sales, or do banks value cash and financed offers equally? Any other words of wisdom for anyone who has successfully purchased a short sale w/ a cash offer?

Loading replies...