A cash sale starts by sharing the basics about your property: its location, condition, occupancy, and your ideal move-out or closing timeframe. From there, the property can be evaluated and a direct offer may be presented. Because the buyer is not waiting on a mortgage lender, the process can be more direct than a typical financed purchase.
Before you decide, take the time to review the offer and ask questions about the purchase agreement, title work, closing costs, and next steps. A cash offer is not the right choice for every homeowner, but it can be useful when the priority is reducing the time, expense, and coordination involved in a conventional sale.