Russell – a lot of short sales are usually more easily bought by those w/cash, regardless of condition of property or lend-ability. I’ve heard of people making higher offers, but w/loans and those w/cash for less getting the deal/property. .
JP,
I agree there is some negotiating leverage there with cash, the degree varies by listing. Also as SDR mentioned, you have the court house steps.
I am looking at a fixer manufactured home on a nice lot that no lender will lend on save perhaps a hard money type. Buyer pool is significantly constricted even though it is on the MLS. I think whoever buys it will get a “really good price”. Maybe one that even stands the test of time.
