That's what the buyers of 6222 E Paseo Ventoso did. The house was vacant and listed for $599,900, but they got it for $465,000 ($131/sf). Why, because they made a clean cash offer with a quick close.
They made their deal on 12/3 and closed 8 days later on 12/11.
CASH, as is, no repairs. They stole it.
Because they wrote a squeaky clean offer - one not mucked up with a bunch of little contingencies. And the only thing the seller sees, because all there is to see, is a cash offer and a quick close. Who could resist.
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