{"id":1555,"date":"2019-09-17T08:51:37","date_gmt":"2019-09-17T15:51:37","guid":{"rendered":"https:\/\/www.flyhomes.com\/blog\/?p=1555"},"modified":"2025-01-29T23:43:27","modified_gmt":"2025-01-30T07:43:27","slug":"all-cash-offer","status":"publish","type":"post","link":"https:\/\/flyhomes.com\/blog\/all-cash-offer\/","title":{"rendered":"The Beginner\u2019s Guide to Why Cash Offers are Awesome"},"content":{"rendered":"\n

So, you\u2019ve heard we do a thing called Flyhomes Cash Offer<\/a>, where we turn your offer into a cash offer. You have this vague idea it could help you get a home you love, but you\u2019re not sure how. We\u2019re here to explain. (Spoiler alert: cash is awesome!)<\/p>\n\n\n\n

Let\u2019s start with a story <\/strong><\/h4>\n\n\n\n

Picture this: You\u2019ve been house hunting for weeks, and you\u2019ve finally found the home you love. Bright rooms. Gleaming kitchen. Sweet, sweet quartz countertops. And it\u2019s in your price range. You can\u2019t wait! <\/p>\n\n\n\n

So you get your paperwork together and put in an offer!<\/p>\n\n\n\n

And\nthen ka-lunk<\/em>. No dice. The seller takes someone else\u2019s offer. Back to square\none.<\/p>\n\n\n\n

This\nis the third time on a row<\/em>. And you offered asking price! <\/p>\n\n\n\n

How\ndo you avoid this happening again? <\/p>\n\n\n\n

A\ncash offer. <\/p>\n\n\n\n

Q: A cash offer? What\u2019s that?<\/strong><\/h2>\n\n\n\n

A:\nGreat question! A cash offer means an offer that\u2019s not contingent on financing.\nInstead of having to promise a seller you\u2019re going to pay them after your mortgage\nis finalized with a lender, which carries some risk, you\u2019ll have the money\nready to go (or rather, Flyhomes will have it ready to go\u2014but we\u2019ll get to that\nin a minute). <\/p>\n\n\n\n

In\nshort: Instead of making a higher offer, you\u2019ll be making a better<\/em>\noffer. <\/p>\n\n\n\n

Sounds\ngreat for people with cash, right? But it\u2019s also for you. When you make a cash\noffer with Flyhomes, you don\u2019t need cash because we have it. <\/p>\n\n\n\n

Q: And sellers like cash?<\/strong><\/h2>\n\n\n\n

A: They LOVE it. Three reasons.<\/p>\n\n\n\n

Reason 1: Simplicity.<\/strong> A cash offer comes without strings. No contingency for financing. Just money in the bank! <\/p>\n\n\n\n

Reason\n2: Speed.<\/strong> Because there\u2019s no wait for contingencies to\nclear, the sale can close in days rather than the weeks it would usually take. <\/p>\n\n\n\n

Reason 3: Certainty.<\/strong> This is the big one. A non-cash offer can fall through if the buyer fails to secure a loan. A cash offer is a sure thing. The money is ready and waiting. The buyer just has to say \u201cyes.\u201d<\/p>\n\n\n\n

Q: OK, but does a cash offer really help me get a home? <\/strong><\/h2>\n\n\n\n

A: Yes! Sellers like our cash offers so much,\nwe win against other offers 68% more often<\/em>[1]<\/a> than we would\nif everything else were equal. <\/p>\n\n\n\n

The\ndata speaks for itself \u2026 making a cash offer gives you a better chance against\nother offers. <\/p>\n\n\n\n

It\nmay also help you pay less for the home. Even when no other offers are on the\ntable, sellers love cash so much that they may accept a lower offer to get it.<\/p>\n\n\n\n

Q: I think I get it, but can you go over that one more time?<\/strong><\/h2>\n\n\n\n

A:\nYou bet. Compare these two completely natural-sounding scenarios:<\/p>\n\n\n\n

Scenario 1
<\/strong>Regular Buyer<\/em>: \u201cHi, I\u2019d like to buy your home for Seattle\u2019s median home price of $700,000.\u201d<\/p>\n\n\n\n

Seller<\/em>:\n\u201cWow! $700,000! Papa\u2019s going shoe shopping! Wait. Are you sure you can afford\nthat?\u201d<\/p>\n\n\n\n

Regular\nBuyer<\/em>: \u201cDefinitely. Well, almost definitely. I have to talk to\nmy bank first. But I can tell you tomorrow. Well, almost tomorrow. Tomorrow\nplus three weeks, say. But then I can definitely pay you for sure<\/em>.\nUnless the bank says no. Anyway, what do you say? \u2026 Hello?\u201d<\/p>\n\n\n\n

Scenario 2
<\/strong>Cash Buyer<\/em>: \u201cHere\u2019s $700,000.\u201d<\/p>\n\n\n\n

Seller<\/em>:\n\u201cHere\u2019s a house. High five!\u201d<\/p>\n\n\n\n

See\nthe difference? <\/p>\n\n\n\n

Q: Woot. Sign me up! I mean\u2026 I\u2019m a strong maybe. Where does this cash come from? How does this actually work?<\/strong><\/h2>\n\n\n\n

A: It\u2019s easy. <\/p>\n\n\n\n

Step 1: Set your budget.<\/strong> Before looking for a home, we\u2019ll help you get pre-underwritten<\/a> with a lender of your choice, so you\u2019ll know exactly how much you have to work with.<\/p>\n\n\n\n

Step 2: Find and win your home!<\/strong> As\nyour real estate agency, our team will help you find the home you love. Then we\u2019ll\ndo an inspection, help you hatch a purchase strategy, and put in an\nirresistible cash offer on your behalf, using our cash.<\/p>\n\n\n\n

Step 3: Move in and finalize financing.<\/strong> Once\nour cash offer is accepted, we\u2019ll close with the seller and you can then move in\u2014weeks\nsooner than you could otherwise! You\u2019ll also finalize your financing with your\nlender during this time.<\/p>\n\n\n\n

Step 4: Become a homeowner. <\/strong>Once
you close with your lender, we\u2019ll transfer ownership of the home to you (for
the same price we paid) and voila<\/em>! The home you love. That easy.<\/p>\n\n\n\n

Want to learn more about Flyhomes Cash Offers<\/a>? Get in touch with our team<\/a> to know more!<\/p>\n\n\n\n","protected":false},"excerpt":{"rendered":"

A cash offer can help you get the home you love … and Flyhomes can help you make a cash offer using our cash. <\/p>\n","protected":false},"author":148668397,"featured_media":14646,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"no","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[655421737,655421685],"tags":[655421638,35890],"class_list":["post-1555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-about-flyhomes-en","category-strategy-en","tag-cash-offers","tag-featured"],"yoast_head":"\nThe Beginner\u2019s Guide to Why Cash Offers are Awesome - Blog<\/title>\n<meta name=\"description\" content=\"An all cash offer on a house can help you get the home you 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