Lost a $12k deal at a Denver open house because the seller's "cash offer" was really a hard money loan

Wendy Grant · 2026-10-07T11:05:03.5413+00:00

I was at an open house on Federal Blvd and this guy kept saying cash, cash, cash, so I pulled my proof of funds same day. Turns out his money was hard money at 14% and he needed me to cover points at closing. Now I ask for a bank statement or a wire confirmation before I waste a Saturday.

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Lost a $12k deal at a Denver open house because the seller's "cash offer" was really a hard money loan | Cash Buyers - Opinions Matter