What is the power of cash?

[Adam Burns]

What is the power of buying with hard cold cash? We all heard the phrase “cash is king”, but to what extent? If you and a seller agreed on a $100k price, 20% down with a 30 year mortgage.. what would be the cash price? My guess is the true power cash has will vary depending on markets, seller motivations, and other variables. In your experience, does having the ability to make cash offers give you a significant edge in the market? Just something I’ve been thinking about and wanted to hear some opinions on.