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Updated almost 12 years ago on . Most recent reply

How much is a cash offer worth
I have heard owner occupants are preferred for reo's but I know cash is king.
When a bank looks at a conventional vs cash scenario, how close is close enough for cash to win out, even when at a lower price?
For example, 335k conventional vs 290k cash. Is 30, 40, or 50k less acceptable for a guaranteed deal with all other things equal?