One of the most significant benefits to selling your house for cash is quick closing times. Conventional financing and FHA loans can take well over a month to close, with the average closing and processing time being over 50 days. Traditional closing takes so long because the lender wants to thoroughly vet both the borrower and the property. This means, there are a lot of inspections, repairs, and verification that need to happen before a lender is willing to wire the money. There is also the issue of scheduling appointments with the bank and title agency. With fast cash offers, the transaction becomes much simpler. As the seller, you simply request proof of funds, and it's up to the buyer to do any desired inspections and evaluations. By cutting out lending institutions, you can close on a cash offer in two weeks or less.