LOL, no! This isn’t the movies, folks. No one is showing up with a suitcase handcuffed to their wrist. And that’s a good thing.

In Anthony’s 27 years of helping sellers and making offers on houses, not once has anyone ever shown up with an actual bag of cash. Not to the homeowner, not to the escrow or title company. It just doesn’t happen.

Now, the reason everyone talks about giving you a “Cash Offer” is because it’s a term everyone understands. And from a marketing perspective, people fall for it all the time because people put value on “Cash”. We even have to use the term Cash Offer or no one would respond to us.

In reality, some cash buyers might wire the money directly from their accounts, but a vast majority of the time, they’re using someone else’s money. That’s right, they’re getting a loan. But it’s not your typical bank loan. It’s often a short-term hard money loan.

The advantage for the buyer is huge. They don’t need to liquidate their existing cash reserves to purchase the property, and most of the time, they don’t even have to qualify for the loan. It’s all about the potential in the property and the risk of getting paid back. It’s easy for the buyer to get.

And for you, the seller, it’s a win. No need for an appraisal, and it can all be done in just days, unlike a traditional consumer loan that takes 30-45 days to close.

So no, no bag of cash – but it would be fun, wouldn’t it?