When a buyer offers to pay cash for your house, it might seem like a dream come true. After all, it eliminates the chances of the deal falling through if they can’t get a lender’s approval. But accepting a cash offer might also mean leaving a lot of money on the table. Whether selling a home for cash is a good idea or not depends on who is making the offer—and why.
This post is part two of our series on the similarities and differences between Missouri and Illinois, and what they mean for finding a house in the St. Louis Metropolitan area. You can read our first post on the differences between the two states here.