How to Sell Your House for Cash

Selling for cash can simplify and speed up the transaction—no mortgage delay, no underwriting. Here’s your step-by-step roadmap to execute a smooth cash sale.

1. Know What Your Home Is Worth

Before agreeing to any cash offer, compare recent sales (“comps”) in your area, check online value tools, or use a CMA from an agent. This gives you leverage when negotiating.

2. Find a Qualified Cash Buyer

  • Work with an investor or cash-buying company.
  • List “as-is for cash” to attract buyers preferring quick deals.
  • Reach out to local real estate investors in your market.

3. Compare Cash Offers Carefully

  • Timeline: Some buyers close in as little as 1–2 weeks.
  • Contingencies: Offers with fewer contingencies are stronger.
  • Who pays closing costs & fees: in some offers, the buyer absorbs more.
  • Reputation: check reviews, backgrounds of cash buyer companies.

4. Verify Proof of Funds

Ask for bank statements, letters of funds, or verifications to prove the buyer actually has the money. You can also require earnest money (1–2%) to show they’re serious.

5. Execute the Purchase Agreement

Use a written contract that clearly outlines sale price, included items, any contingencies (inspection, title), closing date, and responsibilities of each party. Get legal or agent review if possible.

6. Work with Title & Escrow Companies

A title company clears the title and issues title insurance, the escrow agent handles funds and documents. Decide in your contract who selects them.

7. Inspection & Review

Many cash buyers still request a home inspection or title review. If issues arise, renegotiate repairs or credits. In some deals, buyers waive inspections to expedite closing.

8. Review & Sign Closing Docs

While cash deals skip loan paperwork, you’ll still sign deeds, closing statements, payoff documents, and title transfers. Verify all numbers and line items carefully.