Where to Live Between Selling and Buying a House in Detroit

Are you caught in the tricky situation of selling your current house before buying a new one? Finding a place to live in Detroit, Michigan during this transition can be a daunting task. We’re here to help you navigate this challenging period. Below are some options for where to live when you are selling your … Continued

Should I Sell My House Before or After Divorce?

Divorce can be a complicated and emotional process, and selling your home during this time can add to the stress. Deciding whether to sell your house before or after your divorce is final can be a difficult decision, but it is an important one to make. Below, explore the pros and cons of selling your … Continued

Can I Sell a House With Code Violations in Detroit?

Distressed properties with code violations can present unique challenges for home sellers in Michigan. These properties often require significant repairs and may be subject to fines or penalties for non-compliance with local building codes. Below, we explore the steps you can take to navigate the sale of a distressed property with code violations to maximize … Continued

What Is a Fixer Upper in Michigan?

A fixer-upper is commonly used in the real estate industry to describe a property needing significant repairs or renovations. A fixer-upper can present challenges and opportunities for homeowners or home sellers. In this article, we will explore the perspective of the homeowner or home seller when dealing with a fixer-upper. You’ll learn how to sell … Continued

What Is a Short Sale in Michigan?

A short sale is a real estate transaction in which the homeowner sells their property for less than the amount owed on the mortgage. It can be a viable option for homeowners facing financial hardship and unable to keep up with their mortgage payments. In Michigan, short sales are subject to specific laws and regulations … Continued

Should I Sell My House or Rent it Out?

Are you at a crossroads, wondering whether to sell or rent your house? You’re not alone. Many homeowners face this common dilemma when circumstances change or when they seek to explore new investment opportunities. Below, we explore the factors you should consider to make an informed decision. Evaluating Personal & Financial Objectives Short-term vs. Long-term … Continued

Real Estate Agent Commissions: How Much Are They?

Real estate transactions can be complex and overwhelming, especially when understanding the financial aspects. One crucial element to consider is real estate agent commissions. These fees play a significant role in buying and selling, impacting sellers and buyers. This comprehensive guide will delve into the realtor commissions world and provide valuable insights into how much … Continued

What is a ‍1031 Exchange? A Comprehensive Guide

Finding ways to optimize your tax strategy in real estate investing is crucial. One powerful tool that can help you defer capital gains taxes and maximize your investment potential is a 1031 exchange. In this guide, we will explore the concept of a 1031 exchange, its historical context, the mechanics involved, different types of exchanges, … Continued

Can I Sell My Damaged House As-Is After a Natural Disaster?

Natural disasters can wreak havoc on homes, leaving many homeowners wondering what their options are when it comes to selling their damaged property. If you’re a homeowner in Michigan who has experienced a natural disaster, such as a severe storm or flooding, and your house has suffered significant damage, you may be asking yourself, “Can … Continued