10 Things to Know Before Accepting a Cash Offer on Your House

Getting a cash offer for your house can feel like a dream come true—no repairs, no agents, no waiting. But before you sign on the dotted line, it’s important to know what you’re really agreeing to. Not all cash offers are created equal, and some may cost you more in the long run.

At MG Property Bros, we believe in fair, transparent offers with no pressure. So before you move forward with any buyer (including us!), here are 10 things you should know:

1. Cash Offer Doesn’t Always Mean “Full Market Value”

Most cash buyers purchase homes below market value in exchange for speed, convenience, and as-is conditions. That’s not a scam—it’s the trade-off. But some buyers lowball unfairly, especially if they think you’re in a bind. Know your home's true value before you agree.

2. You’re Usually Selling As-Is

Cash offers typically come with no repairs required. That can be a major plus if your home needs work—but make sure the buyer isn’t using minor issues to justify an unreasonable discount.

3. Verify That the Buyer Actually Has Cash

Some "cash buyers" are just middlemen or wholesalers who don't actually have funds to close. Ask for proof of funds before accepting an offer. If they can’t show it, that’s a red flag.

4. Check Their Track Record and Reputation

Does the buyer have local experience? Do they have online reviews or a team you can talk to? If it’s just a PO box, a Gmail address, and a vague website, you might be dealing with a fly-by-night operation.

5. Make Sure the Contract Has an Actual Closing Date

Some shady buyers write open-ended contracts with no fixed timeline. You could be stuck in limbo for weeks—or months. Always insist on a realistic and firm closing window.

6. Read the Fine Print Carefully

Watch for hidden fees, option clauses, inspection contingencies, or termination loopholes that favor the buyer. Some investors will lock you into a contract and try to resell the deal without ever intending to close.

7. You Can Still Ask Questions or Negotiate

Just because it’s a cash deal doesn’t mean it’s “take it or leave it.” Ask about the price, the closing date, how they calculated their offer, or even if they’ll cover your closing costs. A trustworthy buyer will explain everything clearly.

8. You Don’t Need a Real Estate Agent—but You Can Use One

You can sell directly without paying a listing agent commission. But if you’re unsure about the terms, it’s totally okay to get a second opinion from a real estate professional or attorney.

9. Watch for “Bait-and-Switch” Tactics

Some buyers make an attractive initial offer—then reduce the price just before closing, betting that you’ll be too frustrated to walk away. That’s called a “price drop” or “re-trade,” and it’s unfortunately common in this industry.

At MG Property Bros, we never pull this kind of move. Our offers are fair, clear, and locked in.

10. A Legit Buyer Will Never Pressure You

High-pressure tactics like “you have to sign today” or “this deal expires in 3 hours” are designed to make you act out of fear. A real buyer respects your timeline, your decision, and your right to ask questions.

Bottom Line

Cash offers can be a win-win—but only if you work with a reputable, experienced buyer who puts your needs first.

At MG Property Bros, we give homeowners like you:

Fast, no-obligation offers

Honest evaluations of your home

No pressure, no gimmicks, and no last-minute surprises

Whether you’re dealing with foreclosure, inheritance, divorce, or just need to sell fast, we’ll guide you every step of the way.

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