One question we get all of the time here at Chris Buys Homes in Detroit about our local Detroit house buying program is, "Can you buy my house for cash in Detroit or do I have to wait for a buyer to get a bank loan?".
Great question and totally valid.
95% of all buyers of houses listed with a real estate agent go through the traditional "bank loan" process, which can take from 20-60 days from the time you accept their offer, to actually close on the property.
All the while you're paying your mortgage payment, the utilities on the house, insurance, and a real estate agent commission at the end.
Keep reading this article to learn about our local "cash for houses in Detroit" program and how we can close on your house in as little as 7 days.