The Advantages and Disadvantages of a Cash Home Sale

Home seller packing and getting ready to move

If you are looking to sell your house, a cash home sale is always an option worth considering. We’re not necessarily talking about a regular home buyer willing and able to pay all cash instead of using a mortgage loan to finance the purchase. That is nice when it happens, but it’s a rarity in open market sales.

We’re talking more about a cash home sale to a real estate investor or investment network like PropertyLark. In this type of deal, an investor will offer you all cash for your house. Of course, there are some pros and cons for a transaction like this. Today, we want to walk you through some of the disadvantages and advantages of a cash home sale.

Advantages of a Cash Home Sale


One of the biggest benefits of a cash deal is that they can be completed a lot faster. You don’t have to spend any time prepping the house for sale (repairs, staging, marketing, etc.) and negotiations are usually simple. A cash sale can be closed within a couple weeks—sometimes as fast as 7 days with PropertyLark—compared to a traditional sale that will take at least 30-60 days for the final closing process.


Many home sellers prefer the simplicity of a cash home sale. There are very few complications and never any contingencies, such as having to worry about the home buyer’s other sale being completed or their mortgage loan falling through at the last minute. The investor pays you cold hard cash for your house, and the deal can be done without any complications or red tape.

No Out-of-Pocket Expenses

With a traditional home sale comes a number of closing costs like home inspections, escrow fees, etc. In addition, there is no need to hire a real estate agent or pay for the buyer’s agent’s fees. These commissions can be as much as 6% of the selling price. Likewise, you don’t have to pay for any repairs or upgrades. Cash real estate buyers will generally buy your house in as-is condition! You also have to consider your homeownership expenses until the sale is complete. If it takes 3-6 months to sell your house, then that’s 3-6 months more of mortgage payments, HOA dues (if applicable), utility bills, property taxes, homeowner’s insurance, etc.


Cash real estate sales can be completed privately, discretely and securely. You don’t have to deal with real estate agents or watch a parade of buyers touring your home. You can sell your house quickly and easily with as little hassle and disruption to your daily life as possible.

No More Financial Burden

In many cases, home sellers come to PropertyLark because they are in a tough situation. They may be dealing with financial distress (tax default, behind on mortgage payments, unemployed, etc.) or because they have to sell the house and move quickly (divorce, job relocation, etc.). Sometimes, it’s an inherited property they don’t have the time or money to deal with. There are many examples where a house becomes a significant financial burden and it makes sense to sell it for cash. This allows you to get out of a challenging homeownership situation and move on with your life.

Disadvantages of a Cash Home Sale

The Need to Act Quickly

Most real estate investors aren’t going to wait around too long for you to consider and accept a cash offer. They are looking to buy properties and get deals done, so you don’t have a ton of time to shop around and mull over your options. At PropertyLark, we work with you to find a positive solution, so it’s important you let us know upfront what you are looking to achieve with your home sale.


Some homeowners worry that selling their house for cash is somehow a “failure.” Yes, you are taking the easier way out, but that’s not necessarily a bad thing. If a faster, simpler and smoother home sale is something you want and ultimately benefits you more, then there should be no shame in doing what’s best for you and your family.

Lower Selling Price

As you probably already know, the primary trade-off for a quick and simple cash home sale is that your house won’t sell for as much money. You aren’t prepping it for sale with repairs, upgrades, staging and marketing in order to get top dollar on the open market. You aren’t hiring a real estate agent to promote the listing and manage negotiations with multiple potential buyers. There is no doubt you can get a higher selling price if you go through all these steps of a traditional home sale. However, you really want to do the math. You might be surprised at how all the cost savings of a cash deal (no agent commissions, no repairs/upgrades, no out-of-pocket closing costs, fewer ongoing homeownership expenses, etc.) can add up. There are some cases where a cash deal might actually net you more money when all is said and done. Even if your profit is a little less, the difference may be smaller than you realize and the other benefits of a cash home sale may be more appealing.

If you work with PropertyLark, we will help you make the best home selling decisions. We can make you a fast and fair cash offer for your house, or we can help you explore other traditional selling or creative financing options. Just let us know about you and your house, and our team will present you with the ideal solution for your specific situation. Contact us today.