Both cash and financed offers have advantages.
Cash Offers
Benefits:
Faster closings
No lender approval required
Fewer financing-related risks
Considerations:
Purchase price may be lower
Proof of funds should be verified
Financed Offers
Benefits:
Larger pool of potential buyers
Competitive pricing
Considerations:
Appraisal requirements
Financing contingencies
Lender approval process
The best choice depends on your goals and the overall strength of the offer.