Relocation is a problematic exercise in coordination. We get local Metro Detroit home sellers calling us and or submitting their house info on this website every week saying “I’m relocating and need to sell my house fast in Metro Detroit“. The great thing is that we’re able to help many of those sellers sell their house quickly (because we’re actively buying houses in Metro Detroit Michigan right now!).
There’s a crazy amount of details to keep together, plus the stress of whatever is making you move in the first place – often it’s a new job or a sick relative, but the true need to move always comes with a dramatic change.
So how do you make the most out of a difficult situation?
Don’t Agonize – Organize.
You don’t want to be in a situation where you end up paying to own and maintain a vacant house for multiple years. That gets expensive and it doesn’t have to be that way.
Although the market is somewhat stable right now in Metro Detroit, things can change in the blink of an eye, and we all know that. We’ve heard some serious horror stories over the past couple of decades. Unless you don’t care and you’re filthy rich, you probably can’t afford to wait it out.
So how do you make the right choices when you’re relocating and need to sell your Metro Detroit Michigan house fast?
Relocating And Need To Sell My House Fast In Metro Detroit… Your Options And Steps
First…
- Find out what your house is worth as is: To do this you can contact a reputable realtor and or connect with us and we can give you a no cost no obligation valuation on your property, giving you the list of properties sold in your neighborhood within the last 6 month, as well as condition of these of properties. Once you know what the house may be able to sell for in the current market… that sets the base line for how long you may or may not be able / willing to sell the house.
- Decide how fast you need to sell your house after you relocate: This is a biggie. I’ve seen professionals who moved out of state for a job who had their house on the market for over a year before selling it for a much much lower price than they bargain for. Decide now how fast you need to sell your house… and how long you’re willing to keep making 2 mortgage payments, insurance payments, utilities, etc.
- Find a solid real estate agent BEFORE you start packing boxes: Get the ball rolling early so you don’t waste any time. Every month that you wait or every month that it takes to sell the house… costs you. Or if you don’t want to use a realtor to sell… we are a reputable local house buyer and we’d love to make you a fast-fair all cash offer with no obligation on your part.. Just fill out the form through this link to get started >>
- Calculate the value of selling your house fast vs. “waiting it out” for a dream price: We all want to sell our homes for as much as possible. But one thing many people forget to do is come up with the $ amount of how much it costs you to hold onto this house. The costs involved include the mortgage (which if you’re still within the first 10 years of the mortgage, the majority of your payment interest and not hardly going to principal at all), insurance, real estate taxes, maintenance, utilities, etc. Lets say you want to sell your house for $250,000… and your mortgage payment is $1,500/mo, taxes $400/mo, $100/mo for home insurance, and $100/mo for maintenance (lawn maintenance, snow removal, repairs while you’re gone, etc.).Those expenses add up to $2,100/mo in “non equity building” expenses. If it takes you 7 months to sell that house through a real estate agent for that $250,000… it cost you $14,700 in DIRECT “holding costs” + you had to pay $15,000 in real estate agent fees (assuming 3% for the buyers agent and 3% for the sellers agent). Totaling $29,700 in LOST money. That doesn’t even account for the value of your time, your stress in thinking about that property sitting on the market, the freedom cost of what you could have been doing with that extra money during those 7 months, etc. So the real cost to you was likely closer to $35,000. But, what if you were to sell your house next week and avoid all of that? Even if you sold for a discount below the retail price (lets say… $195,000)… you’re still ahead of the game by selling the house NOW at a discount to a home buyer like our company vs. 7 months later at full price (and paying holding costs and real estate agent fees).Make sense?
- Take action!: Whatever you decide… decide and take action. If you want to go the real estate agent route, great! Then try to find a reputable local Metro Detroit Michigan agent. If you’d rather not have to wait and not have to pay real estate agent commissions and broker fees… then a viable option may be to sell your house to us 🙂
If you’ve got a lot of time on your side and a really great property, you might want to test the market by offering it out at a high price. It works in some cases depending on how hot the market is. There’s a small chance someone might just fall in love and be willing to overpay – people do crazy things for love.
Most properties are pretty average, in reality. They tend to be like the other homes around them, in the same way that people who live near each other tend to have a lot in common too. So unless your home is truly exceptional, as in “magazine-quality” extra-special, you won’t capture the most money in the market by pricing at the highest level.
You can also win by marketing your property for rent and sale at the same time, just to see what happens first. The key is to maintain control of the process, which can confuse even experienced real estate brokers.
In some situations, we may partner with property owners to help secure lease option agreements where highly qualified purchasers rent the property for an agreed time before buying.
In other cases, we may help renegotiate a loan with your lender, help make monthly payments or conduct a short sale with a bank.
We love helping people in Metro Detroit solve complicated problems.
Creative solutions can bridge the gap to get you where you need to be.
Who Is Fast Home Offer Guys And How Can We Help You If You’re Relocating And Need To Sell In Metro Detroit?
We’re investors that buy houses fast. We support our families and beautify neighborhoods by buying houses from Metro Detroit home owners who need to sell fast for one reason or another.
The types of sellers who tend to work with us include people who…
- Need to sell fast (we can close in as little as 7 days if you need us to)
- Don’t want to hassle with listing a property with an agent
- Unwanted inheritance
- Problem tenants (we buy houses with tenants in place)
- House just need too much work (we buy in any and every condition)
- Don’t want to pay real estate agent fees
- Can’t sell their house for one reason or another (we buy houses in as-is condition)
- … or a variety of other reasons
But we’re passionate people, and we believe in the Metro Detroit community.
We’re honest and straightforward.
We’ll quote you a fair price, and we can close fast with cash.
If you’re ready to wait and can try to hire professionals to help, you can manage the sale of your property from a distance. In certain circumstances that risk can pay off.
We’re happy to help you find answers to your toughest questions about your Metro Detroit real estate, so please feel free to call us at (248) 590-3040 and chat with us anytime.