It is your choice. Be aware of your right to 60 or 90 days in the home before eviction.
Example 1: A new owner tells you that you can either take the cash and leave now or be evicted with less than 60 or 90 days' notice. This is untrue.
Example 2: A new owner offers to pay you cash that will help you and your family relocate, but you must agree to move out in 2 weeks. This may be in your best interest. You can also try to bargain for more time and/or cash to move.
Before signing any agreement, you should have an attorney review the agreement to make sure you understand your rights. See contact info below.
*The new owner will not make this cash payment, often called "cash-for-keys," to you upfront. You will get it after you move out and following an inspection of the place. You may want to consider the timing of the payment when deciding if you should accept a cash-for-keys offer. You may ask for some money upfront for the costs to move somewhere else and the rest when you move out.