Skip to main content

3 Creative Financing Strategies to Help Southwest Michigan Home Sellers Reach Their Goals


 

Perhaps your circumstances have changed, and you no longer have the time and money to prep, rehab or even renovate a property to bring the highest returns. Or perhaps you have decided you would like to team up with experts after listing on your own; if this is the case, you are not alone. Owners who go it alone successfully sell FSBO properties only 11 percent of the time. 

If you are like other owners, you would also like to avoid the costly commissions associated with hiring a real estate agent, yet benefit from working with seasoned real estate experts leading to our discussion of some alternative options for sellers. So read on as we explore three creative financing strategies to help Southwest Michigan home sellers reach their goals. 

Subject To

If you’re a home seller in Southwest Michigan and you’re looking for a financing strategy to help you reach your goals, consider taking advantage of the “subject to” strategy offered by professional buyers like those at I Buy SW MI. With this strategy, I Buy SW MI takes over the payment of your existing mortgage, putting some money in your pocket now and giving you passive income for the future. Selling your house directly to I Buy SW MI utilizing the “subject to” strategy means that you can relax, knowing that your worries about selling are over.

At I Buy SW MI, we buy houses as-is and our professional buyers are backed with the power of cash, which means that you can be assured of a guaranteed closing in just a few days. When you sell directly to I Buy SW MI, you avoid costly commissions and will not have to pay for any closing costs, saving you even more. We believe in total transparency and there are never any hidden fees when you sell directly to one of our professional buyers. With our team of in-house experts who live and work in Southwest Michigan, we are well-equipped to provide you with the guidance and support you need to navigate the selling process with ease. Contact I Buy SW MI today to learn more about how we can help you achieve your selling goals in Southwest Michigan.

Novation

If you’re a home seller in Southwest Michigan and you’re looking for a creative financing strategy to help you reach your goals, consider taking advantage of I Buy SW MI‘s novation program. With this program, I Buy SW MI will provide the money and resources needed to renovate your property. Once the renovations are complete, I Buy SW MI will put your property up for sale and share the profits with you.

Selling your property directly to I Buy SW MI with the novation program means that you’re working with local professional buyers and their full-service team of industry experts, all with the mindset of an investor working to achieve your goals. At I Buy SW MI, we move swiftly into action and get the job done on time and within budget to ensure maximum profitability for both you and us. With our team of in-house experts who live and work in Southwest Michigan, we are well-equipped to provide you with the guidance and support you need to navigate the selling process with ease.

If you’re looking to sell your property quickly and efficiently in Southwest Michigan while achieving your financial goals, the novation program from I Buy SW MI is an excellent option. Contact us today to learn more about how we can help you achieve your selling goals and maximize your profits.

Sales Leaseback 

I Buy SW MI uses sales leasebacks as a financing strategy to help Southwest Michigan home sellers like you reach their goals. Do you have equity in your home and need to avoid foreclosure? Using a sales leaseback strategy, you can stay in your home as a renter when you sell directly to a professional buyer from I Buy SW MI. The professional buyers at I Buy SW MI will help you compare what you would profit from with a listing on the market vs. our offer, and it’s important to us that you agree our offer is fair. Our contracts are straightforward because we want you to feel good about the deal long after closing. You can be sure that the offer from a professional buyer at I Buy SW MI is the amount you will have in your hands when you leave the closing table.

The professional buyers at I Buy SW MI have several creative financing strategies to help Southwest Michigan home sellers like you reach their goals. Talk to one of our professional buyers at I Buy SW MI today about any pressure you may be under, issues with the property or any trouble you have had with selling. Working with the top-notch professional buyers at I Buy SW MI and their in-house team makes the process easy and smooth for sellers. Why not find out how we can help you solve your problems today? At I Buy SW MI, we’re your neighbors and here to help. Call I Buy SW MI at (231) 392-3262.

Labels:

Comments

Post a Comment

Popular posts from this blog

What Real Estate Investors in Southwest Michigan Should Expect During The Coronavirus Pandemic

The coronavirus pandemic has a lot of people wondering what will happen next. We can only use our previous economic experiences to understand what this situation would mean for property owners and real estate investors. Here’s what real estate investors in Southwest Michigan should expect during the coronavirus pandemic. Shift in Demand The real estate market is expected to start having fewer buyers and more homes for sale. This means that buyers will have the upper hand during real estate negotiations. There will be less demand for homes, so the sellers will have to be willing to sell at what the buyers are willing to pay.  Price Dip Homeowners may be losing income and might not be able to afford their mortgage payment. There may be a surge in distressed properties, which means real estate investors can pick up properties for less than market value. They will have more negotiating room when it comes to traditional real estate purchases. Housing prices in general will
Post a Comment
Read more

4 Things You Need To Do Before Buying Your First Investment Property in Southwest Michigan

Considering starting to invest in real estate? Here are four things you need to do before buying your first investment property in Southwest Michigan. Review Your Credit The first thing you need to do before buying your first investment property in Southwest Michigan is to pull your credit reports because you need to know your credit score. Request a copy of your credit report from all three bureaus. Double-check that all information is correct and make sure to dispute any errors with the respective bureau. Make sure you keep up on your payments because lenders like to see that you have no late payments for at least the past 12 months, but the longer the better. This helps show them that you will continue to make payments on time. A low debt to income ratio will also convince a lender that you are able to handle the additional mortgage payment. Pay down credit cards and other loans as much as possible, preferably to maintain a 30% utilization rati
Post a Comment
Read more

Process of Selling My House to Cash Buyers

When it comes to selling a property, homeowners have many options. From the traditional hiring of a realtor and sitting months on market to listing a for sale by owner and selling your own house, homeowners make the best personal decision with the most knowledge they have. Unfortunately, many homeowners have little to no experience working with we buy houses companies. The benefits of cash buyers are numerous, so when I want to move on quickly I’m selling my house to cash buyers. The Benefits of Cash Buyers My first property was a traditional starter home and required nominal financing to afford. Once I procured a higher paying job out of state, I knew I needed to sell my house quickly in order to relocate. After researching local real estate agents that came highly recommended, I realized the average realtor couldn’t promise a sale real estate closing within a specific timeframe; waiting months of a potential buyer to purchase my home wasn’t an appealing outcome.
Post a Comment
Read more