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Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

HomeLight

When a buyer adds contingencies to a real estate contract, the risk of a delayed or cancelled settlement increases. A cash buyer will generally not use a financing, appraisal, or home sale contingency , and many cash buyers will inspect the property for informational purposes only. They need an out immediately.”.

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Tempted by Those ‘We Buy Houses’ Ads? Weigh the Pros and Cons

HomeLight

Selling your home for cash to a “we buy houses” operation is tempting for a good reason. There are times in life when you need cash in your bank account, not in a home’s equity. Home sale contingency : The buyer’s existing home has to sell before they will purchase the home.