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Tips for Selling Your Southwest Michigan House During The Coronavirus Pandemic

The real estate market is experiencing low mortgage interest rates right now which has triggered real estate buyers to jump on new opportunities! If you are ready to sell your house, don’t let the virus stop you! Buyers are buying! Here are some tips for selling your Southwest Michigan house during the coronavirus pandemic. Sell Directly The easiest and fastest way to sell your Southwest Michigan house during the Coronavirus Pandemic is to work with a direct buyer. I Buy SW MI can help you facilitate the process, which may be much easier than working with a traditional agent! No Open Houses If you are going to sell or have your house listed already, don’t have an open house. It is too risky to have multiple strangers from different households, possibly different cities or states coming into your home wandering about. You would have to have strict management of all of these guests and maybe only allow so many people in at a time. With technology as great as it is, there

What are the Benefits of Selling a House for Cash?

Selling your house shouldn’t be stressful. There are options. There are benefits of selling a house for cash that most homeowners don’t consider. Owning a home allows one to build part of their financial security. As the ownership of this asset continues it builds equity. Once you decide to sell your home then this equity becomes available to you for whatever way you want to use it. The decision to sell your home brings with it several options. You can list through an agent or you can list it yourself. Then is one other option and that is selling your house for cash. Benefits of Selling a House for Cash If you have ever sold a home in the past you have the basic knowledge of the process. Most likely you went through this while using a realtor. While there are some advantages to this method there are also some negative aspects to it. Selling a house for cash means you don’t have to deal with the downside of selling a home in a conventional manner. Fewer Sel

5 Things You Should Know About Selling Land To a Southwest Michigan Investor – (It’s amazing and we are the best)

There are many reasons why you would want to sell your property, and you have different options for selling. You could use a traditional real estate agent, you could try to sell your property by owner, or you could sell your property to a Southwest Michigan investor. Understanding the Buyer Professional land buyers in Southwest Michigan, MI typically close faster than traditional land buyers, and usually pay full in cash. Traditional land purchases usually require qualifications from banks, mortgage underwriting time, property inspection time and the buyer may not end up qualifying in the end. There are also normally no commissions paid to a buyer’s or seller’s agent which means thousands of dollars in savings. The usual commission is 3% per side, so if you sell your land for $200,000, you would have to pay $12,000 in commissions alone! Professional land buyers also may not charge transaction fees; if they do, they are extremely low in comparison to the commission or cl

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

Should I Sell My Rental Property in Southwest Michigan, MI?

At some point in time you may end up asking yourself should I sell my rental property in Southwest Michigan, Mi ? There can be several reasons why this question is being raised. When it does arise you are going to find that it leads to many other questions. This now means giving some serious thought to the answers so that you can move forward confident that you’ve made an educated decision. Should I Keep Or Sell My Rental Property? Let’s look at the pros and cons to selling your rental property . The Benefits of Keeping the Rental Property: You are probably aware of the benefits of having rental property . Otherwise, you would not have entered into this type of real estate adventure. The question is are you still reaping those benefits? Or are the benefits just not worth the time and work involved? The benefits can consist of…  Extra income from the rent collected that can be put to good use.  You have a property that will build in equity.  It can

5 Things You Should Know About Selling Your Commercial Property To a Southwest Michigan Investor

There are many reasons why you would want to sell your property, and you have different options for selling. You could use a traditional real estate agent, you could try to sell your property by owner, or you could sell your property to a Southwest Michigan investor. Understanding the Buyer Professional property investors in Southwest Michigan, MI typically close faster than traditional buyers, and usually pay full in cash. Traditional commercial property purchases usually require qualifications from banks, mortgage underwriting time, property inspection time and the buyer may not end up qualifying in the end. There are also normally no commissions paid to a buyer’s or seller’s agent which means thousands of dollars in savings. The usual commission is 3% per side, so if you sell your property for $200,000, you would have to pay $12,000 in commissions alone! Professional property investors also may not charge transaction fees; if they do, they are extremely low in compar

How to Sell an Inherited House in Southwest Michigan, MI

How To Sell an Inherited House Made Simple Inheriting a property is a bittersweet experience. Although it might mean acquiring a house that could drastically improve your life, it also means that a loved one has passed. There’s a lot to consider if you don’t want it, like knowing if you should sell an inherited house or not. Grieving is a difficult process, and dealing with your newly acquired property might be the furthest thought from your mind. However, it’s important to manage your inherited property before it becomes not only an emotional stress factor but a financial one too. Knowing how to sell an inherited house doesn’t have to be an added stress. The Center of Wealth and Philanthropy , at Boston College, projects that the baby boomer generation will inherit upwards of $27 trillion over the next four decades. A large portion of that figure includes inherited homes. But the sudden acquisition of an inheritance can leave you with many questions. As a

7 Tips for Selling Your House for Cash to a House Buying Company

Selling your house for cash can be an arduous affair if you’re not experienced with the ever-fluctuating real estate industry. From determining a home’s asking price to becoming familiar with the legal documents involved, selling a home typically requires specialized knowledge. Thankfully, the popularity and prominence of selling alternatives have crept up in the past couple decades, giving sellers multiple methods to move on. Instead of the typical hire-a-realtor dance, more homeowners than ever are considering the benefits of cash offers and selling a house to cash buyers. These seven tips and tricks for selling your house for cash to a house buying company will provide the simplest home selling solution on the market today. 1. Research House Buying Companies If you’re selling your house for cash, you must first research house buying companies and determine which one is best for your home sale. There are many, varied house buying companies out there: those

For Sale By Owner Pros and Cons

Before listing a home on the real estate market, homeowners need to make one very important decision: who is going to actually sell the property. Deciding how to sell, either for sale by owner, with a realtor, or with a cash buyer, is a big issue. Selling a home can be a lengthy and complicated process for owners, so many choose to employ the services and expertise of a local real estate agent for assistance. Other homeowners feel confident in their ability to sell and decide to list a for sale by owner. While selling a house as the owner has enormous benefits, including selling for cash offer, it also comes with unappealing pitfalls for those inexperienced with the process. To avoid these disadvantages, homeowners must become familiar with the for sale by owner process and recognize both the pros and cons. Listing A For Sale By Owner When selling a house as the owner, it’s vital to start with pricing the property. Accurately pricing a house is easier said th

How to Sell a House That Needs Repairs Without Fixing It

Many home sellers ask themselves whether they should sell a house that needs repairs. Some feel that they will be able to sell for a higher price. That way they will get their money back from the repairs. Others just cannot fathom being able to sell an ugly house. This is a question that can be answered in different ways and takes some thought before coming to a decision. Can You Afford the Repairs? Chances are if you want to  sell  an ugly house you are in a position where you can’t afford house repairs. This may create a frustrating situation for you. Some houses need minor repairs such as a few wall repairs and some painting. Then there are others that own a home that is in need of serious repairs. The roof may need to be done and perhaps the electrical components need updating. These, as well as other major repairs, can be really costly. If you are wanting to sell a house that needs repairs, it could possibly mean that you are in need of some quick cas