Jennifer Peterson and Mandy Lewis
Hope that helps!
Cash only means that the seller will only consider offers where the buyer has cold, hard cash in hand, no loans, no financing. The reasons for this could be multiple and varied. I do agree that usually cash only is because the property will not finance for some reason or other. Your Realtor should be able to find out that information for you.
Best of luck. Feel free to contact me if you need more information.
Depending on the circumstances and the lender some properties that are listing as 'cash only' can be financed, it is best to assess these situations case by case. Feel free to contact me if you have a specific property in mind and we can take a look at it.