Why would seller reject offers with FHA/Repair financing?

[Daniel Taylor]

I'm scrolling through the MLS and came across a property with a description that says "Cash, hard money or Conventional only... no FHA or Repair loans." Why would a seller intentionally limit the types of offers he/she would receive?

I assume that the reasons are connected to convenience/ease of sale - is that right? The seller just wants to sell FAST?

Are there any other important reasons why a seller may not be interested in selling to buyers with specific types of financing/payment?