09/18/2026
💰 Think a cash offer always wins a short sale? Not so fast.
Not long ago, we heard from an investor who wanted to make offers on short sales in our market. He had been working with a few local agents and was frustrated that the short sales he was interested in were taking eight to twelve weeks to get approved. In some cases, his offers weren't even accepted. He was especially puzzled that his cash offers, some of them above list price, weren't being submitted to the short sale lender at all. Since he wasn't financing the purchase, he assumed the lender would move faster on his behalf.
We hear a version of this from investor buyers fairly often: the belief that "cash is king," and that short sale sellers (and their lenders) should jump at the chance to accept a cash offer. There's some truth to that. But if you're writing a cash offer on a short sale, it helps to understand why cash doesn't always carry the weight buyers expect it to.
If you're writing a cash offer on a short sale, it helps to understand why cash doesn't always carry the weight buyers expect it to.