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Updated about 5 years ago on . Most recent reply

Marco Morkous's profile image
Marco Morkous's profile image
Marco Morkous
  • Realtor
  • from Nashville, TN
  • Member since Dec 24, 2019
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Marco Morkous's profile image
Marco Morkous's profile image
Marco Morkous
  • Realtor
  • from Nashville, TN
  • Member since Dec 24, 2019
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Marco Morkous
  • Realtor
  • Nashville, TN
22
Votes |
144
Posts
Buying & Selling Real Estate

Sellers Cash only why??

Marco Morkous
  • Realtor
  • Nashville, TN
Posted

Why do some sellers insist on cash only transactions? Even if financed they’d get their full amount at closing anyways so why the insistence on cash only?

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Logan Russell's profile image
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Logan Russell
  • Investor
  • from Botkins, OH
  • Member since Jul 22, 2017
  • Posts 21
  • Votes 15
  • Experience 8 Yrs
  • Investments 3
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Logan Russell's profile image
Logan Russell's profile image
Logan Russell
  • Investor
  • from Botkins, OH
  • Member since Jul 22, 2017
  • Posts 21
  • Votes 15
  • Experience 8 Yrs
  • Investments 3
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Logan Russell
  • Investor
  • Botkins, OH
15
Votes |
21
Posts
Logan Russell
  • Investor
  • Botkins, OH
Replied

Less opportunity for things to go wrong with cash buyer. Banks and lenders like to make things over complicated "on occasion". Sometimes I honestly think sellers just like to say cash buyers only because they envision themselves jumping onto a pile of spread out hundos. 

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