5 Reasons You Should Consider A Cash Offer For Your House in Hawaii

5 Reasons You Should Consider A Cash Offer For Your House in Hawaii
Cash for Your Hawaii House?

When you’re trying to sell your house to someone who has to get a mortgage, it can be hard to know just what different financing options might mean when it comes to terms of time, obstacles to resolve (appraisal, repairs, flood insurance, etc.), and even the guarantee of a sale being finalized at all. Lots of different factors can come into play that might make getting a cash offer for your house a much better solution for your specific situation. 

Cash offers have a great many positives and few negatives, no matter what your circumstances. Here are 5 reasons you should consider a cash offer for your Hawaii house as the best option.


How about knowing that the sale can close? Having that certainty that comes with a cash sale is a major reason you should consider a cash offer for your house in Hawaii. Because it’s cash — and not depending on a mortgage — the condition of the home is unlikely to be a concern. Another major benefit is that there’s no concern about appraising for the “loan to value ” ratio (LTV), which lenders use to determine the amount they’ll loan on any given property — if the person with the cash likes the price and terms, then it doesn’t require anyone else’s approval. See ya later, banks.

As-Is Condition

Cash deals, most especially with a direct buyer like Oahu Home Buyers, usually involve purchasing the property as-is, or just exactly as it sits, even the home is in what’s called ‘tear down’ condition. While it’s possible you won’t sell for the same price as if you try to sell to a buyer who has to get a mortgage, you’ll save yourself tons of cash and headaches dealing with renovations, updates, and repairs that a typical retail buyer or their bank will require before issuing the loan.

In many cases, you don’t even have to empty the house. Take what you want and leave the rest. We have bought some real doozies where we had to bring in a professional junk removal company to take care of everything the sellers left behind — no problem, it’s one of the things we do for people.

Don’t want to clean? We don’t want you to, so please put down the broom, rags and Windex – we’ll take it from here.

Now some people may say (I know, because they’ve said it to me): “You say ‘as is’, but you don’t know how bad this house is. It’s not worth the wood holding it up.” And to that, I say — we can still buy it. Because we have. We have bought homes that were only worth the land they were sitting on, so don’t let that be a concern.


It’s never a bad time to speak with other professionals about what you’re trying to achieve, especially when they involve large sums of money, including agents. But it doesn’t mean everyone is going to be a good fit for your goals.

When it comes to real estate agents, it’s like anything else — there are very good ones, very bad ones, and lots in the middle. Depending on your specific reason for selling your home, working with an agent (I hope you get one of the good ones if you go this route) might be the right thing to do — I don’t know until we’ve spoken. We’ve referred people to agents in the past.

But it’s not always the right option. If you choose to list your house with an agent, you’re going to have to deal with some or all of these challenges:

  1. Repeat, continued showings for buyers until you get an offer (hard to do in the Covid environment), maybe when it’s not convenient for you and your family.
  2. Possible extra marketing costs.
  3. Paying to repair, clean, and stage the property.
  4. Paying for any other repairs the buyer needs to qualify for the mortgage.
  5. Buyers not qualifying for the mortgage at all due to their own financing or the home not appraising.
  6. Five-figure commissions at the closing table.

Again, this might still be the right call for you. However, you should carefully consider the benefits of accepting a cash offer for your house in Hawaii instead and avoiding all of these frustrations and potential pitfalls.


Your finances are a very important reason that you should consider a cash offer. This is especially true if the last thing you want to do is to pour even more money into your house. Traditionally, listing your home with a real estate agent means updating and improving the interior if not the curb appeal as well – landscaping, peeling paint, rusty mailbox, etc. Along with this, you may need to make repairs to your home in order to pass inspection so the buyer can get their loan approved.  Then there are the expenses we listed in the section above in addition to the holding costs month after month if it doesn’t sell:

  • Mortgage payments
  • Insurance
  • Utilities
  • HOA or AOAO dues
  • Property taxes
  • Deferred maintenance

If you can’t stay in the home, not only will you bear the costs of maintaining the home while it’s listed, you will have the additional expenses of a second residence. 


If speed of selling is important, then you should consider a cash offer for your house in Hawaii. Once you have come to the decision to sell, whether you need to move due to a sudden life change, relocation due to employment, or anything else, then being able to close on our timeline can be critically important. Cash offers generally close very quickly and offer an advantage of circumventing the unknown waiting period with traditional listings (which can drag on forever). When listing your home on the Hawaii real estate market, you risk waiting while you face the stress and tensions involved in the back and forth, extremely time-sensitive nature of offers and counteroffers in the negotiations over the purchase price. 

If you are ready to save time, avoid repairs, skip the cleaning, forget about showings, paying high commissions and fees, Oahu Home Buyers is here to be your solution. These are just a few of the reasons you should consider exploring and ultimately accepting a cash offer for your house in Hawaii from Oahu Home Buyers. To learn more about how we can help you with your property, send us a message or give us a call at (808) 333-3677 today!