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Do I Accept the First Offer on My House, or Wait and See?

HomeLight

You found your new home and want to avoid carrying two mortgages. Cash vs. financing : Cash offers usually result in a faster sale than mortgage-backed offers; if speed is an important aspect of the sale, this could make a significant difference. Your home has recently gone on and off the market.

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

HomeLight

Below are some of the types of non-institutional buyers who may have the cash on hand to transact without a financing contingency: The creative buyer. HomeLight’s 2020 agent survey found that buyers who would traditionally use a mortgage are finding ways to pay cash however they can. You need quick access to cash.