Should you take a cash offer for your Detroit house?
Not always.
I’ll tell you how to sell any property for cash, some reasons to refuse a cash offer – and when you shouldn’t say no.
Selling My House for Cash in Detroit
If you’re selling a property in Detroit to an end buyer (the person living in the home), chances are good it won’t be bought with cash. Most transactions close with a bank loan, because most buyers don’t have the funds. This isn’t news. Even most investors don’t close transactions with cash. It’s easy to let a bank share the risk, even if you have the money – most investors spread themselves too thin. At Chris Buys Homes in Detroit we don’t spread ourselves too thin, because our primary goal is to build stable communities around Detroit. In most cases, we’ll pay cash for your Detroit MI property.The Benefits Of An All Cash Sale Of Your House
The benefits of a cash sale are real:- money fast
- when you need it most