Ready to sell your house? It might sound like a long, frustrating process, but it doesn’t have to be that way. Though traditional home sales are done through a real estate agent, the effort and red tape involved can be a turnoff. Lots of people looking for new ways to buy houses in Detroit, without using real estate agents.
There are both pros and cons to selling your metro Detroit house to a cash buyer. Weighing your options before you sell your house in Detroit, Michigan means learning as much as you can before you commit. Buyers and sellers have different objectives. You want to know as much as you can before you decide to go with a buyer of any kind.
Unlike selling in the traditional ways, these companies buy houses in Detroit, MI quickly.
Research Detroit homebuying companies
We buy houses companies are unlike individual cash buyers because they have a public face that you can research. Understanding what you’re getting into can keep you from getting burned. We buy houses scams are most often perpetrated by individuals, not companies. Finding a buyer with a proven track record will give you peace of mind.
Looking at the list below of top we buy houses companies in Detroit is a great place to start. Check out their reviews online and be sure to research your
1 – Steve Moves Michigan
Though this company is based in Detroit, Steve Moves Michigan buys houses all over the state. The process starts either over the phone or through their website. From there, one of the professionals will determine if the home is eligible for an initial offer.
There’s no obligation to sell your home in Detroit from just the initial offer. Home sellers in Michigan can negotiate all the way up to closing. Steve Moves Michigan makes in-person cash offers prior to the final sale. In some cases, these home buyers in Detroit will even pay closing costs after they make an all cash offer.
2 – Detroit Fair Offer
This hyperlocal Wayne County we buy houses company serves areas like Livonia, Lincoln Park, Royal Oak, and Romulus. Their free guide to selling your home has lots of information about how to sell your house fast in Detroit, MI.
Look for a house offer within a day from Detroit Fair Offer. They have a relationship with a local title company to allow for fast cash closings. Detroit sellers can be done with the whole process in as little as a week.
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3 – We Buy Ugly Houses
This national we buy houses company is known for its low offers but its quick turnaround. Closing on a home with We Buy Ugly Houses can be completed within just three weeks.
Though there are lots of positive reviews about the ease of service with this group, it’s not a company that knows Michigan or Detroit as well as others. As with any company, there are pros and cons to selling your house to this cash homebuyer.
4 – Express Homebuyers
A national we buy houses company, Express Homebuyers serves the Detroit metropolitan area.
The first step in their process is for home sellers to submit their information. Once this is done, the company extends a home offer to buy the property “as is”. The sale is done through a local Michigan investor, who works with the seller on a closing date. Once the home closes, cash is in the hands of the Detroit seller within a few hours.
5 – Jay Buys Detroit
Jay Buys Detroit is owned by, you guessed it, Jay himself. Working with an inherited property in Detroit as well as vacant homes and pre-foreclosure properties, this company specializes in fast cash offers.
One of the distinctive features of this we buy houses company in Detroit is its mission to rebuild the city. Detroit has been through a lot of ups and downs over the last century with the loss of the auto industry. Jay is focused on improving the communities of Metro Detroit through cash offers for home sellers.
6 – Marketplace Homes
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Based in Detroit, MI, Marketplace Homes is a comprehensive real estate company. They offer home buying, home selling, rental services, and new construction. Even though property management might not be what home sellers are looking for, this company has possibilities for all kinds of options for sellers. Their real estate agents can help you sell your metro Detroit house or convert it into a rental property. They work with local cash home buyers to facilitate the sale of burdensome houses in Detroit, Michigan, and beyond.
Rather than a superfast offer, this company takes a few extra steps thanks to their wide range of home buying services. After you contact Marketplace Homes with detailed information, they schedule a visit. Within 48 hours, you’ll have either a cash offer or another solution that they think will work for you.
7 – Metro Detroit Homebuyer
This local cash buy company in Detroit only deals with house sellers in the Wayne County and the surrounding Detroit suburbs. Dennis Fassett’s home buying business is accredited by the Better Business Bureau.
Experienced in divorce, foreclosure, probate, and vacant houses, Metro Detroit Homebuyer has been buying homes since 2004. They buy houses in any condition for cash. After you explain your situation and discuss your property, someone comes out to see it in person. A cash offer for your property as-is follows in a few minutes in most cases.
8 – Rocket Homes
Image by Jason Brower via Unsplash
Rocket Homes is a home buyer and seller that serves Detroit and the surrounding areas, but it’s a national brand. This real estate company has cash buying options as well as mortgage options for buyers. Not all buy house companies can give such a wide range of real estate solutions in Detroit, Michigan.
In fact, Rocket Homes extends their business to auto buying and selling. Though they don’t specialize in the we buy houses model, this is a potential option for home sellers in Detroit to explore.
9 – Detroit Cash for Homes
Working in Oakland County, Macomb County, and Wayne County, Detroit Cash for Homes is a professional home buying company. They’ve been working as a Detroit cash buyer for a quarter-century. This company offers quick closings and specializes in inherited property and estates. Detroit Cash for homes makes an offer within twenty-four hours. Closings are as fast as seven days with this Michigan cash buyer.
Unwanted property in metro Detroit can be difficult to get rid of, especially when you want to sell your house fast. The difficulties of the Detroit area economy make it a challenge to sell burdensome houses fast, but Detroit Cash for Homes has a lot of experience helping people who need to sell their house fast. As with all metro Detroit area cash offer companies, this group promises that you can sell your house fast with a cash offer.
10 – I Buy Michigan Homes
This is a local property investor in Michigan who works all over the state. Ron and Velma work with sellers through their website and over the phone to do an initial assessment of the property. They then move to an in-person showing to determine their interest in purchasing your home.
Finally, I Buy Michigan Homes makes a cash offer within 48 hours. They’ll pay cash so that you can sell your house fast in Metro Detroit. Property owners can feel confident in the fair cash offer from this investment firm.
What to watch out for in we buy houses companies in Detroit
With all real estate transactions, be sure to do your due diligence. We buy houses scams often come from non-affiliated individuals. Look for reputable companies that have reviews online or who you have a personal connection to. Ask family, friends, and coworkers for recommendations and experiences.
Don’t ever feel pressured by a company that is promising a fair all cash offer. You can always turn towards a traditional real estate agent to sell your house. There’s also the possibility to sell your house yourself. Though there are benefits to selling with a Detroit house company, like covering closing costs or getting a fair offer, always investigate your buyer.
Red flags like the lack of an online presence or bad reviews share an immediate no-go. Also, look out for anyone who doesn’t have experience in the metro Detroit area. In the current seller’s market, all home sellers have the high ground. Don’t accept a deal unless it’s a fair all cash offer. The quick turnaround of these companies means that you can find another real estate investor quickly.
Never work with a we buy houses company or a cash buyer who asks for any money upfront. There is never a situation in which cash should change hands before closing on a home. If someone asks you for a fee to sell your home, it’s time to find another buyer.
Selling your home can be a great experience when you find house companies in Detroit that are above board. Michigan home sellers working with a cash buyer to sell their home for cash fast have lots of options!
