Why Home Sellers Prefer Cash Buyers in Idaho

If you’re looking to sell your house, you may be overwhelmed with the complexities of the housing market, real estate agent fees, and bidding wars. Perhaps you’re thinking, “I just want someone to buy my house in Meridian” or any other area in Idaho. In that case, consider cash home buyers.

Numerous sellers in Idaho prefer cash offers instead of working with real estate agents and typical financing loans. 

Why is that, though? What exactly are the benefits of cash offers, and what do homeowners get out of them? We’re here to answer those questions and more. Keep reading to find out why cash home buyers are rising in popularity and why you should consider them.

Reasons Why Home Sellers Prefer Cash Buyers in Idaho

Reasons Why Home Sellers Prefer Cash Buyers in Idaho

Not all home sellers know they can accept a cash offer or the benefits of such an offer. However, other home sellers are aware of the advantages of a cash purchase for both the seller and the buyer. Here are the top reasons why sellers prefer cash buyers. 

Paying in Cash for Your House

If you are selling your house because you need quick cash, a cash offer is the best way to get it. Cash buyers can quickly transfer real money into the seller’s bank account, which the seller can then use for emergencies or any other expense. Also, the buyer won’t have to go into debt for their new home with a mortgage loan.

Of course, with a typical loan, the seller can also get cash into their bank account. The bank will provide that loan amount upon approval. However, that usually takes a lot more time, which the seller might not have in an emergency. There will be additional paperwork to fill out, and the buyer will have to go through the loan approval process, delaying the sale. 

Selling to cash home buyers in Boise is just a lot simpler. Not only that, but it allows for a much faster closing, especially if the seller is flipping houses or simply has another home to buy. And there are no interest rates!

For example, if the seller needs $500,000 to put up for another house and risk losing that house if they don’t have enough liquidity, they won’t have the time to wait around for a bank’s tedious loan approval process. They might have gotten a job offer in another city, but if they can’t buy a new house there, they might not be able to move there and accept the job. 

No Costs to Sell Your House

There can be many costs involved with selling your house, some of which are fees associated with the loan. For example, the lender may require a home inspection and charge a home inspection fee to ensure the house is safe to live in. Otherwise, they won’t put up the money for the loan. 

While the buyer might pay for that fee, other costs will fall on the seller. For example, if the home has some damage, the seller will need to repair that damage, or else the bank may never approve the loan. 

The seller may have to pay for a third-party home inspection first to look for any hidden structural damage. If they don’t do that, and such damage or defects do exist, the bank will discover them during its inspection. 

If the seller is selling through a real estate agency, they will likely have to pay a commission on the purchase price. They also request down payments or earnest money and ask for proof of funds from the buyer. Cash buyers typically deal with the seller directly, so the seller can usually skip those kinds of fees. 

No Loan Denial Risk

If the buyer is getting a loan from the bank, there is always the risk of the bank denying the loan. Even if they got preapproval, that does not guarantee final approval. The underwriters may do a little more digging and discover issues that can cause them to deny the loan. 

That can be extremely frustrating for the seller. There is a lot of work that goes into selling a home. If they finally found a buyer and have been looking forward to closing the deal, suddenly finding out that the buyer doesn’t qualify for a loan can be a pretty big blow. 

The buyer may then have to apply for a loan with a new bank, but the new bank may reject them, too. 

Streamlining the Home Selling Process

Selling directly with a cash deal is a lot quicker. Many sellers don’t want to complicate things; they’ve got enough on their minds. They would rather streamline the home selling process by selling to companies that buy houses in Idaho.

A cash buyer doesn’t require an appraisal or inspection. Instead, they can purchase the home as-is. That means the seller also doesn’t have to do an inspection of their own or pay for upgrades and renovations. 

No Appraisal Fees

The seller can skip out on appraisal fees if they sell the house fast for cash. While the buyer typically pays such fees, the burden sometimes falls on the seller. However, it’s not only the fees that matter but also the time it takes to get the appraisal. 

An appraisal is critical when taking out a loan because the bank needs to ensure they are lending the right amount. If the home’s sale price is $500,000, they don’t want to lend $600,000. The home-buying process, especially the home appraisal, can take a while and significantly delay closing time. It can even lead to the contract getting canceled. 

FAQs About Cash Home Buyers

It’s understandable to have some questions about the home selling process when dealing with a cash offer. Here are some answers to common questions about cash home purchases. 

Is It Easier to Work with Cash Home Buyers?

Yes, it is a lot easier to work with cash home buyers. Typical buyers just can’t compete with cash buyers. That’s because you can cut out the bank entirely. That means you can skip repairs, home inspections, appraisals, underwriters, and a lot of paperwork!

Does It Cost to Work with Cash Home Buyers?

No. On the contrary, it costs less to work with cash home buyers. You don’t have to pay appraisal fees or fix up your home. You typically don’t have to pay the same closing costs, either. 

Good Offer from a Cash Home Buyer

Can You Get a Good Offer from a Cash Home Buyer?

One of the most common misconceptions about cash sales is that you can’t get a good offer from a cash buyer. However, that could not be further from the truth. 

When you think about the many additional costs that come along with a loan offer, you’ll realize that the difference may be negligible. Just think about how much it costs to fix up a house vs. selling it as-is.

Not only that, but the amount of stress, time, and effort involved in selling through a bank makes cash offers that much more attractive. 

Also, many cash buyers are now matching regular market value offers. 

How To Get a Fair Cash Offer on Your Home

The best way to get a fair cash offer on your home is to work with a reputable company that deals with cash offers. We use a simple three-step process that streamlines the entire process. 

First, call us or request an offer online. You can meet with us to show us the home, or you can even send us pictures. We will then evaluate your home based on factors such as market rates, the location, the condition of the house, its size, and so on. We will present you with a fair cash offer.

There are no fees or commissions involved. You can skip the typical real estate commission fees you will have to pay when working with a realtor. Not only that, but you can close on your schedule. There is no rush; you can close right away if you want, or you can wait some time until you are ready. 


Instead of going down the beaten path of listing your house on the market, consider creative ways to sell a house, like working with a cash home buyer. Once you realize the benefits of selling a home for cash in Idaho, you’ll never want to go back to the stressful process of selling to a buyer taking out a loan. 


Kevin is a real estate investor dedicated to helping homeowners sell their properties quickly and without the stress and hassle of a traditional listing.

Get More Info On Options To Sell Your Home...

Selling a property in today's market can be confusing. Connect with us or submit your info below and we'll help guide you through your options.

Get Your Free Offer TODAY!

BBB We Buy Houses In BoiseWe buy houses in ANY CONDITION in Idaho. There are no commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property or call (208) 999-3396...
  • This field is for validation purposes and should be left unchanged.

Leave a Reply

Your email address will not be published. Required fields are marked *

Call or Text Us!