A cash offer is stronger than a Conventional for sure.

To make it a stronger offer you can go with a larger amount and have it non-refundable day 1 or within a short period of time. 

I Held onto it until the Market started getting stronger again.

I mean, which houses have YOU purchased that had a recent foundation renovation and now a new warranty saying it is a new, better, and stronger foundation than anyone else in the neighborhood?

This just helps with people for lower down payments and there are a bunch of fees with the loans lower than 20% down.Also as Jason said, even if you do qualify for the mortgage at 20% down coops want even more down and stronger financials.

I think the consensus there is that the older population is dying off faster than the younger generations are moving in....but that dynamic is still creating a stronger rental market in the area.

Or, simply put it this way, the homeowners are financially much stronger than last around and less sensitive to economic uncertainty. 

<<The article went on to address recession concerns:>>He also thinks metro Phoenix will fare better in an economic slowdown or recession than other parts of the U.S.Lower interest rates for home buyers, an undersupply of new homes built and projected stronger-than-average job and population growth in the Valley are why.

At the end of the day, in my opinion, I would keep them updated even if they don't invest in the deal so they can build a stronger trust level with you.

You are made a stronger investor from this disappointment and will leverage off this experience into your next successful closing.