Shameless Stupid Question.

[Tim Kaminski]

Forgive my ignorance but why do some sellers only accept cash offers? What is the benefit? They get paid either way. I'm sure I'm wrong so please enlighten me. Thanks.

[Andrew Johnson]

Tim Kaminski I'm guessing it's because they've had bad experiences in the past. You're right, either way they get paid but if a couple of offers fall through (even if it's the buyers issue with financing) you have an old listing, a stale property, buyers assuming something is wrong, etc. As others have also mentioned if your offer is cash it's likely a quick close, you're not a first time buyer, it's just plain less hassle.