Side-by-Side Comparison
Cash Offer vs. Traditional Sale When Facing Foreclosure
See how our Cash Offer process compares to a traditional home sale when you're in financial distress
| Traditional Sale | ||
|---|---|---|
| Speed and Certainty | ||
| Time to Close | As fast as 7 days | 30-60 days or more |
| Sale Certainty | Guaranteed offer | Uncertain, offers may fall through |
| Closing Date | Flexible to avoid foreclosure | May not close in time to prevent foreclosure |
| Buyer Financing Issues | Not applicable | Can delay or derail sale |
| Offer Stability | Upfront, transparent | Can change after inspections |
| Financial Benefits | ||
| Real Estate Agent Fees | None | 5-6% of sale price |
| Repairs and Renovations | Not required | Often necessary, costly |
| Impact on Credit | Potentially avoid credit damage | May not close in time to prevent credit damage |
| Lender Negotiations | We can often work with lenders | You handle lender negotiations |
| Financial Relief | Quick financial relief | Uncertain timeline for financial relief |
| Convenience and Stress Reduction | ||
| Home Showings | None | Multiple showings required |
| Property Condition | We buy in any condition | May struggle to sell if in poor condition |
| Appraisal | Not needed | May be required, delaying sale |
| Paperwork | Minimal paperwork | Extensive paperwork |
| Stress Level | Low, we handle the process | High, especially during financial crisis |