Selling My House for Cash in Boca Raton

Should you take a cash offer to sell your house in Boca Raton? Cash offers are widely thought to be better than those relying on mortgage financing. Banks decline mortgages all the time, starting the home sale process all over again. Cash closes fast: no approval necessary.

Real estate investors like House Heroes LLC buy property “as-is” for cash and you enjoy substantial benefits. However, you shouldn’t always insist on a cash offer. Sometimes, mortgage financing is the better option. Learn the pros and cons of to accepting a cash or mortgage financed offer below!


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Call Us (954) 676-1846 or Fill Out This Form For Your FAIR Offer.

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Selling My House For Cash In Boca Raton

When make a Boca Raton property sale to an end user (person that will resides in the house), usually it isn’t purchased with cash. Offers to buy houses normally close with bank loans. The average buyers simply doesn’t have enough money to complete the purchase. Cue the bank and mortgage.

Even real estate investors regularly don’t close with cash. From the perspective of those investors, it’s better to use the bank’s money because there is less risk to the investor. Indeed, investors often “spread themselves too thin”, don’t have available capital, and back out of buying your house. Have you already dealt with a purported “cash buyer” who backed out of the contract or didn’t really have the cash? It’s more common than you might think.

House Heroes operates differently. We stand behind our cash offers. Our bank statement proof of funds is available for all to see. Our goal is to buy Florida property fast for cash, so keeping huge cash reserves is critical. We will make a fair offer on any Boca Raton property: houses, condos, apartments, land, single-family, multi-family.

The Benefits Of A Cash Sale Of Your House

The benefits of a cash sale to a real estate investor like House Heroes are significant. Cash closes as fast you need it to. Here is a list of the top reasons to select a cash offer:

  • Forget the hassle of waiting months for a buyer to get approved for a mortgage, only at the last minute to learn the bank declined the mortgage. Cash closes in days.

    Benefits of a Cash Home Sale in Boca Raton
    Accepting a cash offer has the benefits of a fast and easy closing, no “contingencies”, and selling “as is”.
  • When selling for cash directly to a real estate investor, you save the 6% commission on the sale that you would pay listing your house with a realtor on the MLS.
  • You don’t waste time showing your house to strangers “just looking” – who have no intention of offering to buy your property. Real estate investors buy any property.
  • Skip the repairs! We buy houses “as-is”. You don’t need to paint, de-clutter, clean, fix a leaky roof. We take property just as they are. Don’t waste hard earned dollars managingcontractors – particularly if you have limited funds or you are busy other things (work, family).
  • No appraisal contingency. Cash offers from real estate investors dispense with appraisal contingencies. Since we are professional cash buyers, we don’t need the opinion of a third-party. Appraisals are always part of a bank or government conventional mortgage. If the appraisal comes back low, the mortgage will be declined. When it’s our cash, our opinion is all that matters.
  • No financing contingency. Real estate contracts with “financing contingencies” give the buyer the right to cancel if they can’t come up with the money without repercussions (i.e., they get their earnest money deposit back). Cash buyers don’t use financing contingencies. If a cash buyer cancels at the last minute, you can keep the earnest deposit.

According to real estate advisor Steve McLinden at BankRate:

A cash sale also removes the all-too-familiar drill of accepting an offer only to lose the buyers at the last minute when they can’t qualify for a loan. Once the cash is passed along, there’s no backing out or last-second cold feet. Such cash sales typically close in 1 to 3 weeks compared to about 4 to 7 weeks on a conventional sale. Also, cash sales are typically “as is,” so there’s usually no major repainting and repairs needed.

When Cash Offer Isn’t Necessary

Sometimes cash offers aren’t the best. Mortgage financing will work just fine – even put more cash in your pocket. Here are scenarios where traditional mortgage financing is the best route:

  • No rush. Do want to sell fast? Cash gets that done. However, home sellers sometimes don’t need money in their pocket quick. If you don’t mind waiting 6 to 12 months, selling with a realtor via MLS listing can provide more exposure to get “top dollar”. You might even sell for a bit higher if real estate appreciates.
  • Pristine condition. Real estate investors specialize in buying “as-is”. We handle repairs and fixing things up so you don’t have to. Did you already sink time and money into preparing your property? It is better to sell directly to the end user that can pay more than a real estate investor (professional cash buyers like House Heroes run a business that means making money). There is less risk a bank will decline to issue a mortgage where the property is in good condition.
  • Strong Credentials For Mortgage Buyer. There is cancellation risk if the prospective mortgage buyer has great financial history. Here are signs a buyer will likely get approved: 800+ credit score, 20% down payment, 5% earnest money deposit, high debt-to-income ratio.

All else being equal, cash is the best offer you can accept. Although you may get a little less money than holding out for maximum price from a mortgage buyer, you have the benefits of avoiding expensive repairs and fast head-ache free home sale. Remember delaying your sale means paying monthly holding costs of taxes, insurance, wear and tear, and utilities.

Real Estate Investor That Is Trustworthy
Work with a trustworthy cash buyer. Check testimonials and get proof of funds.

Working With A Reputable Boca Raton House Buyer

Ensure a cash buyer you’re working with is legitimate, trustworthy, and reputable. With House Heroes, you don’t have to wonder if we satisfy home seller clients. There is proof. Head to our testimonials page to watch videos past clients discussing how we solved their home sale problem. See before and after videos of all our projects. We guarantee you are working with the #1 Florida cash home buyers when working with House Heroes.

We pride ourselves on being an upstanding member of the real estate investment community.  Our mission is to help homeowners who need to sell Boca Raton property do it quickly at a fair price.


We Buy Houses

Call Us (954) 676-1846 or Fill Out This Form For Your FAIR Offer.

  • This field is for validation purposes and should be left unchanged.


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