Mike's Blog


All Cash Offers Can Go to Hell!!!

I was going through some my backlog of RSS feeds this week and came across an interesting article from Chris Palmeri at The Hot Property.  This was the first time I've come across this issue and I'm wondering if anyone else has hear of this issue.

It appears that some buyers of REO properties are having some issue with cash buyers "beating" them out of a deal. My favorite line from the forum is my title..."All cash offer can go to hell".

I deal with several investors that are making all cash offers on REO's... Im now wondering if we're make enemies out there that I dont know about....



Mike Hogan

Associate Broker

RE/MAX Commonwealth





Comment balloon 2 commentsMike Hogan • July 19 2009 11:20PM


Cash is king and in this market I wouldnt be feeling to bad about working with cash buyers...does not sound all that bad to me... 

Posted by Debra Leisek ( Bay Realty,Inc Homer Alaska) over 9 years ago

REOs or not REOs, for the last year all but 2 our transactions were cash deals. Do not find any problem with cash, so I was a bit surprised to read that their might be.

Posted by Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices (Daytona Condo Realty, 386-405-4408) over 9 years ago