Without the cost of repairs, the above example factors a cost of approximately 16%. For the cash buyer to make a profit on their house, they have to offer somewhere between 50% – 65% of current market value.
Cash offers are ideal for anyone who has equity in their house and needs to get out FAST. For a seller with little to no equity, this option means bringing a large sum of money to closing which likely is not an option.
Of course, if this option is not ideal for you, there are numerous other options that may meet your needs.