You Can Sell Your House As-Is Directly to a Cash Home Buyer in Detroit.
“How do I sell my as-is home in Detroit, Michigan?”
Whether you have a damaged house, vacant house, or an older home, chances, are your property is not move-in ready. You may have to make some repairs or upgrades before you can put your house on the market. However, the question is whether you have the time or money to put your home for sale right now.
If not, a traditional sale may be out of the question if your house is in poor condition. The good news is that you can still sell your house fast in Detroit, Michigan, without hiring a real estate investor. A cash buyer can make an offer, giving you the ability to sell your house as-is. Best of all, you pay no closing costs, real estate commission, or repairs. Simply close the sale and walk away.
Below, you can learn how to sell your house as-is to a house company in Detroit, Michigan.
What Does It Mean to Sell My House As-Is
Like most home sellers, you would probably sell your house the traditional way. However, you may be in a certain situation where you have to sell your home fast so that you can get out of your situation and move on quickly. The problem is that selling your house as-is on the market can be an uphill battle at best.
Let’s take a look a the difference between a traditional sale and selling your house as-is directly to a buyer.
A Traditional Sale
In a traditional sale, you have to list your house on the market to make buyers aware of your property. You can either choose a For Sale by Owner (FSBO) or hire a real estate agent to market and sell your house for you. If you have an older home, you will likely have to make repairs and possibly some upgrades so that the property meets current building codes.
- Prepare your house for a sale – repairs, upgrades, home improvements.
- Schedule a home inspection and appraisal.
- Choose from local real estate agents in your area.
- List the house on an online marketplace or real estate listing site.
- Show the house to multiple potential buyers.
- Find a buyer and negotiate the terms of the sale.
- Schedule a closing date to finalize the sale.
A Cash Sale
You do not list your house on the market or hire a real estate agent in a cash sale. The process of selling your house is simple is simpler than that.
- Contact local companies that buy houses in Detroit, MI.
- Schedule a quick walkthrough with a buyer willing to pay cash for the house.
- The buyer makes a cash offer.
- If you agree to the sale price, you schedule a close date.
- The buyer pays the closing costs and gives you a check to finalize the sale.
When Should I Try to Sell My House As-Is?
There are several situations in which selling your house as-is is a better option than trying to sell it on the market.
You Have a Damaged House
Was your house recently damaged by a storm, fire, or vandalism? If so, repairing your house can cost you thousands of dollars. If you try to sell it in a competitive Detroit market, you either won’t find a buyer, or you will find a buyer who will try to lowball you just to get the property off your hands. You can find a company that buys houses as-is in a cash sale.
Your House Has Been Vacant For a Long Time
Several factors contribute to a vacant house – property damage, poor location, older property, or a shift in the market. Whatever the reason, your house has been vacant for a long time, and you can’t seem to find a buyer. A person who buys houses for cash doesn’t care how long your house has been vacant. They can buy your house as-is right now.
Your House Is Old and Needs Upgrades
The average buyer in Detroit wants a fairly new house – not a fixer-upper. If you just received an inherited house or moved into an old house, the property may not compete in today’s market. Instead of pouring thousands of dollars to modernize the property, you can bypass the hassle of upgrades and sell your house as-is for cash.
You Are Dealing with a Legal Issue
Several types of situations would warrant a cash sale. For instance, you may be going through a divorce or probate case. Or you are trying to avoid bankruptcy or foreclosure. If so, you don’t have time to repair your house, list it on the market, and wait around for a buyer. Working directly with a company that buys houses can put cash in your pocket right away and help you get out of your current situation.
We Buy Houses for Cash in Detroit, Michigan
If you are getting ready to sell your house, you owe it to yourself to explore all of your options. You may find that working directly with a buyer is a smarter alternative to a traditional sale. M1 Home Buyers can help you sell your house as-is for cash. Our team can look at your property, make a fast cash offer, and close the sale in as little as seven to 21 days.
You make no repairs, and you don’t have to pay realtor commissions or closing costs. Plus, you sell your house to our buyers regardless of your situation. We simplify the process, allowing you to make a quick transaction and walk away with no strings attached. It relieves you from the hassle of a traditional sale.
Get a Fast Cash Offer from M1 Home Buyers
Before you call the realtor, let us look at your house first. At M1 Home Buyers, we buy houses as-is. Call 248-397-5800 to get a fast cash offer!