Skip to Main Content
Get Answers to Common Questions
About Selling Your House As-Is
Below Are Answers to Frequently Asked Questions About Selling Your House for Cash and Downsizing

Frequently Asked Questions About Cash House Sales

What is a cash house sale?

A cash house sale is a private real estate transaction between a house seller and a local house buyer or house-buying company.  The buyer should have cash or access to cash so that there is no need for a bank or loan.

What is a local house buyer?

A local house buyer is either a house-buying company or an individual that pays cash for a house. A house buyer is not a real estate agent, broker, or wholesaler. However, some house buyers may carry a realtor license.

What does it mean to ‘sell my house as-is’?

You do not have to make repairs or upgrades to the house. You do not have to schedule an inspection or appraisal unless the buyer requests it. You do not have to stage the house or even clean it. In most cases, the buyer prefers to see the house in its current as-is condition. The buyer also agrees to purchase the property in its current condition with no stipulations.

Is it legal to sell my house as-is for cash?

Yes. No regulation or law prevents you from selling your house directly to the buyer as long as both parties agree on the terms and conditions of the sale.

How long does it take to sell a house for cash?

Each house buyer has a different purchasing process, which affects the timeline. However, you should expect to close the sale of your house within 3 to 21 days (one to three weeks). Some house buyers can close in less than seven days. It depends on how quickly the title company can process the paperwork and transfer ownership.

Do I pay any closing costs when selling my house?

Most house buyers agree to pay up to 100% of the closing costs. Any selling costs you incur will be minimal.

What is the process of selling my house for cash?

The process is simple and typically involves three steps.

  1. Meet with the buyer to discuss your house or schedule a walkthrough.
  2. The buyer schedules an inspection and makes an offer on the house if they’re interested.
  3. Accept the offer, sign the paperwork, transfer ownership, and collect the proceeds from the sale.
Are there any downsides to a cash house sale?

The only downside to a cash house sale is that you may sell your house at or below market value. However, you avoid common selling costs, such as realtor commissions, house repairs, and closing costs, which can add up to thousands of dollars. Not to mention the quicker average closing times and cash offer. If these benefits are important to you, there really is no downside.

Can I sell my house if I still have a mortgage?

Yes. A cash house sale may help you pay off most or all of your mortgage. If necessary, the buyer can also assume responsibility for handling the balance or assuming the loan. A cash sale can help you get out of your mortgage if you are going through bankruptcy or foreclosure and need to downsize quickly.

Is Home Downsizing Solutions® a wholesaler?

No, Home Downsizing Solutions® is not a wholesaler. Wholesalers are often the ones posting “We Buy Houses” signs or sending you direct mail asking to buy your house. Although they may seem promising, they often come with many associated risks since they typically have no intent or ability to actually purchase a house. If a wholesaler can’t find an end buyer, they may back out of the contract and you’re stuck having to start over the whole process of selling your house. Home Downsizing Solutions® isn’t reliant on other buyers, so you never have to worry about the deal falling through. We’re the end buyer - there are no middle men or hidden fees. This lets us present you with the best cash offer.

We’ve lived in this house for 37 years and we felt we couldn’t take care of it. Kathy T.
A very smooth transaction with a fair market price. I’m glad we didn’t go the regular real estate route. Very professional and everything was upfront with no surprises. Thanks for helping me sell my mother’s house Terry E.
Ben was very helpful and patient when it came time to selling my home. After my husband passed away I needed to fix and sell the house. They helped me, gave me honest advice and waited patiently while I made decisions… You won’t be disappointed! Excellent service! Teresa M.
See More Reviews
Assisting Elderly Woman in Transitioning to a Cozier Home.

Sell Your House Fast in Three Easy Steps

We simplify the house-selling process and work directly with you to buy your house. You don’t have to wait for a bank, lender, or agent.

Contact Us

Contact our team. Tell us about your house and why you are downsizing? Schedule a quick walkthrough and let us assess your property.
Contact Us

Get a Cash Offer

If we like what we see, we’ll make a cash offer on your house. You can expect a cash offer within 24 to 48 hours of the property appraisal.
Our Offers

Get Paid

If you accept our offer, the final step is to close the sale. A title transfer company can process the paperwork and close in only a few days.
Why Choose Us?

Benefits of Home Downsizing Solutions®

No Commissions

We have no commission or fees to pay in selling your house, so all your money goes toward creating a comfortable retirement lifestyle for you and your family.

No Seller Closing Costs

We want to eliminate the challenges of selling your house through a traditional process.

No House Preparation

We create an environment where you can focus on living your best life rather than spending too much time and money staging your house.

Flexible Possession & Closing Dates

Our rapid sales process allows us to close on houses in just a few days — no more waiting around for weeks at a time.

Transparent Process

Our team of experts works with you every step of the way to ensure that your house sale is as seamless as possible.

Senior Relocation

Downsizing is a journey, and it’s all about finding the right new home for your new stage of life. Our market insight helps you find the next perfect living arrangement.

Your House Downsizing Experts

Home Downsizing Solutions® has been veteran owned and operated for more than 25 years. We understand how important it is for seniors to simplify their living environment as they transition into a new stage of life. We’re here to help make the downsizing process as simple as possible.

Sell Your House
One-Stop Solution to Sell Your House and Downsize
* Indicates required questions
Name *
Email *
Phone #
How can we help you? *