1. Understand Cash Offers
A cash offer means the buyer purchases your home without needing mortgage financing, which typically leads to:
✅ Faster closing (as quick as 7–14 days)
✅ Fewer contingencies (no appraisal or loan approval delays)
✅ Higher certainty of closing (no risk of buyer financing falling through)
2. Find Cash Buyers
You can sell to:
Real estate investors (flippers, landlords)
iBuyers (like Opendoor, Offerpad) – they make instant cash offers but may charge fees.
Local cash home-buying companies (search “[Your City] we buy houses for cash”)
Individual buyers (sometimes investors or wealthy buyers pay cash)
3. Prepare Your Home for a Quick Sale
Even with cash buyers, presenting your home well can get you a better offer:
✔ Declutter & clean (makes the home more appealing)
✔ Minor repairs (fix leaks, broken fixtures)
✔ Get a pre-inspection (optional, but can speed up the process)
4. Get Multiple Offers
List on the MLS (with an agent or as “For Sale By Owner”) – some cash buyers monitor new listings.
Contact cash buyers directly (investor groups, wholesalers).
Compare offers – highest isn’t always best; check buyer credibility and terms.
5. Review the Offer & Negotiate
No/low contingencies? Ideal for a fast, smooth sale.
Closing timeline? Cash deals can close in days if needed.
Fees or deductions? Some cash buyers deduct repair costs.
6. Close the Deal
Sign the contract (hire a real estate attorney if needed).
Title company handles the transfer (cash deals skip lender delays).
Get paid (funds are wired or given via cashier’s check at closing).
Pros of Selling for Cash
⚡ Speed – Close in days, not months.
⚡ Certainty – No loan denials or last-minute fall-throughs.
⚡ Convenience – Often sold “as-is,” no repairs needed.
Cons to Consider
⚠ Lower offer (Cash buyers may pay less than market value).
⚠ Scams exist – Verify buyer funds before signing.
Next Steps
Get a cash offer now: Try platforms like Opendoor, HomeVestors, or local investors.
Want max value? Consider listing with an agent (but expect a longer process).
