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Was beaten out from a for sale by owner situation

I put an offer in on a townhome for 215k (without a realtor). The owner accepted and we started writing up a contract, she strung us along for 3 days and postponed signing our offer and then said she accepted an all cash offer instead. She was also difficult with the closing date and I think that could have been a factor in it. About a month later the place goes off Zillow and the sale price was 214k. Why would someone accept less money just because it was all cash? Why would that make any difference to them?

submitted by /u/DefectiveDugong
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source https://www.reddit.com/r/RealEstate/comments/cxp3rc/was_beaten_out_from_a_for_sale_by_owner_situation/
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