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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

I Inherited a House in Southwest Michigan, Mi. Now What?

I’ve inherited a house….now what? It’s a question many face when they suddenly inherit a house without any prior knowledge on the situation. In this article, I will inform you of everything you need to consider if you’ve inherited a house. Inheriting a house can be a fortune for some and a headache for others. There are several things you can do when you’ve inherited a house – move in, sell it, or rent it. But there are also many other implications you might have to consider, such as inheriting a house with a mortgage, paying taxes on an inherited house and tax implications. But don’t worry. Everything you need to know about inheriting a house is explained below, including what happens if you inherit a property with a mortgage, and any tax implications you might face. First off, you need to decide whether you want to sell, rent it, or move in when you’ve inherited a house. If you don’t wish to do anything with the property, you can also disclaim it –

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

Listing with a Real Estate Agent vs Selling Your House for Cash

Selling your house can be a difficult process because there are so many options. Should you go with listing with a real estate agent, selling to a cash buyer , or selling it on your own? One of the many advantages of owning real estate is having plenty of options. There are options for buying as well as selling it. As a homeowner that is interested in selling your home, you need to know what your specific options are. Selling Your House Yourself For sale by owner is often the type of sign you see today on homes for sale . This is certainly something homeowners can do. Many don’t understand how difficult this can be. Putting up with the hurdles that come with not listing with a real estate agent can save money. The Pros of How To Sell Your House By Owner The Time Factor If you are not in a hurry to sell your home then listing it for sale by owner can be a distinct advantage. You can set your asking price and hold firm to this. The schedule for show