A cash offer will be deemed to sell “better” than a higher offer for a house?

I have. An offer for a house that is a short sale (Bank of America), and shortly thereafter another offer came without inspection cash only We believe that their offer is lower than ours. However, we wonder whether anyone has experience with this type of situation and what they think. A cash offer is better than a higher bid (FHA mortgage). Any help would be appreciated!

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