What Homeowners Need to Know Before Selling for Cash in Florida

Sandra Cantu
Jul 23
3 min read

Selling your home for cash can be a fast and smart way out—especially if you’re facing foreclosure, probate, divorce, or just need immediate relief. But not all cash buyers are created equal. Many homeowners in Florida fall into a trap set by dishonest wholesalers who promise top dollar—only to pull the rug out from under them weeks later.

At Sandy Buys Houses, we don’t play games. We don’t backpedal. We educate sellers and make offers rooted in real market value, so you can make confident, informed decisions from day one.

Beware of the “Backpedal” Tactic

Here's how the wholesaler trap often works:

A wholesaler offers you a price that sounds too good to be true.
You sign a contract based on that high offer.
Weeks later—right before closing—they call and say, “We have to drop the price by $30,000–$50,000... the numbers just don’t work.”
You feel stuck, frustrated, and desperate.
You agree to the lower price just to get it over with.

This strategy is deceptive, manipulative, and increasingly common in today’s cooling market.

Understanding Florida’s Market Reality

Florida’s real estate market peaked in 2024 during the post-COVID buying frenzy. Since then, prices have been trending downward. Unlike markets like California, where salaries are significantly higher, Florida’s housing prices aren’t sustainable in the long term.

That means if a wholesaler is offering you an inflated price today, it’s not because your home is magically worth more—it’s because they’re trying to trap you into a contract they can renegotiate later.

What Wholesaling Should Look Like

Wholesaling, when done ethically, can still be a win-win. At Sandy Buys Houses:

If your property doesn’t meet our criteria to buy directly, we may assign your contract to one of our vetted, trusted investors.
We disclose everything upfront, including any assignment or fee.
We rely on 25+ years of experience and a network that respects both your property and your situation.
We never promise you a fantasy price just to “lock you in.” We show you the data, explain our offer, and leave the decision in your hands.

The Cost of Waiting for the Wrong Offer

Holding out for inflated offers doesn’t just delay the process—it could cost you your home.

Here’s what’s at stake:

Foreclosure that wrecks your credit and causes long-term financial harm
Mounting debt from unpaid taxes, utilities, or legal fees
Loss of property value from deterioration, vandalism, or code violations
Emotional stress from dealing with dishonest people

Our Promise: Real Offers. No Games.

At Sandy Buys Houses, we don’t tell you what you want to hear—we tell you the truth. Most of the time, the price we offer upfront is the exact amount you’d end up getting after a wholesaler finishes playing games. The difference? We get you there honestly, quickly, and with dignity.