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Updated almost 6 years ago on . Most recent reply

Alex K.'s profile image
Alex K.'s profile image
Alex K.
  • from Houston
  • Member since Mar 10, 2016
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72
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18
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Alex K.'s profile image
Alex K.'s profile image
Alex K.
  • from Houston
  • Member since Mar 10, 2016
Connect
Alex K.
  • Houston
18
Votes |
72
Posts
Foreclosures

Short sale with requirement of an all cash offer ?

Alex K.
  • Houston
Posted

I put in an offer on a property for 450k and the comps say at least 600 and up for similar properties . But , the agent wants all cash offers only for a short sale !? Why would an all cash offer matter for short sales ?

Also , I had to put my offer in blind because the property has tenants and the offer had to be put in , in order to even see it . .. ?

Anyone have any reason behind this from the listing side ?

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