Why everyone is looking for "cash buyers"?

[Ali Emami]

Hi!

Finally I attended my first RIA meeting. This event first started by attendences talked about what they have or are looking for. All of them said "we are looking for CASH BUYERS". Why's that guys? Is it a thing between sellers? I'm thinking maybe they are wholesalers, and selling a deal to a ready-to-go investor.

Or cash buying means people who approved for a loan quickly. I'm thinking why people ask for a "cash buyers" and what is appose to? "Loan buyers"?

Thanks,

Ali

[Clifford Paul]

Selling to cash buyers cuts out most of the BS. 

Just look at the hundreds of post on BP weekly that goes something like this: "I got a house under contract but don't have financing or cash to buy it, can anyone give me suggestions on how to close the deal ". 

I got a great suggestion, Don't Buy a House When You Don't Have The Means To!