{"id":16890,"date":"2024-12-31T04:00:56","date_gmt":"2024-12-31T12:00:56","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=16890"},"modified":"2025-01-29T10:28:10","modified_gmt":"2025-01-29T18:28:10","slug":"process-of-selling-a-house-for-cash","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/process-of-selling-a-house-for-cash\/","title":{"rendered":"Process of Selling a House for Cash in 9 Steps"},"content":{"rendered":"

If you need to sell your home quickly<\/a>, finding a cash buyer<\/a> for your house may be the solution you\u2019re looking for. In this post, we\u2019ll show you the process of selling a house for cash.<\/p>\n

In former days, the decision to sell your house for cash<\/a> was primarily associated with a neglected or distressed property whose value had fallen, leaving homeowners with few options.<\/p>\n\n\n\n\n\n

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\n \"homelight\n <\/div>\n \n

Compare a Cash Offer With a Top Agent Estimate<\/h3>\n

Get a no-obligation all-cash offer through HomeLight’s Simple Sale platform in 24 hours. You’ll also see an estimate of what a top agent might be able to get for your home. We\u2019ll use our extensive cash buyer and agent network to show you both options.<\/p>\n \n

\n Request offer<\/a>\n <\/div>\n <\/div>\n<\/div>\n\n\n

While a cash offer<\/a> can still benefit a seller who can\u2019t afford repairs or is facing challenging property issues, cash sales have expanded beyond the distressed homes market, as sellers discover the ease and benefits of new technologies and instant sale online platforms. But for many sellers, the process of selling a house for cash<\/a> is unclear.<\/p>\n

\u201cA lot of sellers think selling a house \u2018for cash\u2019 means the buyer is going to show up with a briefcase full of money for them, but that\u2019s not the case,\u201d says Lucas Machado<\/a>, a real estate investor and owner of House Heroes, LLC.<\/p>\n

A \u201ccash offer<\/a>\u201d simply means the buyer has cash readily available to pay for the home, and the offer is not dependent on being able to secure a mortgage. But that doesn\u2019t make the process of selling your house for cash any less mysterious if you\u2019ve never done it.<\/p>\n

How long does it take to sell a house?<\/h2>\n

Transaction speed is typically the primary sought-after benefit of finding a cash buyer for a house. How long it takes to sell a house<\/a> depends on a number of factors, including the type of home you\u2019re selling, its size and age, property conditions, location, and current market conditions.<\/p>\n

According to recent data from the National Association of Realtors (NAR), homes can spend a median of 32 days on the market<\/a> (DOM). This refers to the time between when a house is listed and when it goes under contract with a buyer. For home sellers working with a financed buyer, you\u2019ll need to factor in an additional 44 days on average to close a purchase loan<\/a>, according to data from Ice Mortgage Technology.<\/p>\n

This means from listing to closing, you might need to plan for almost three months to complete your home sale transaction. The 76-day average estimate does not account for your time spent preparing the property to be placed on the market.<\/p>\n

Selling a home for cash can be a much faster process, allowing you to close a sale in as little as seven to 16 days. Depending on your situation and selling objectives, a cash offer might be the solution you\u2019re looking for. Let\u2019s take a look at the process of selling a house to a cash buyer.<\/p>\n","protected":false},"excerpt":{"rendered":"

If you\u2019re considering a cash buyer for your house, here\u2019s how the process of selling your house for cash works, and how fast it goes.<\/p>\n","protected":false},"author":298,"featured_media":52209,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[737,319],"tags":[348,741],"class_list":["post-16890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sell-your-house-fast","category-selling-advice","tag-sell-your-house-fast","tag-sell-your-house-for-cash"],"acf":[],"yoast_head":"\nProcess of Selling a House for Cash in 9 Steps<\/title>\n<meta name=\"description\" content=\"If you\u2019re considering a cash buyer for your house, here\u2019s how the process of selling your house for cash works, and how fast it goes.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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