{"id":1876,"date":"2023-02-09T00:00:00","date_gmt":"2023-02-09T05:00:00","guid":{"rendered":"https:\/\/chrisbuyshomesstlseller11.carrot.com\/?p=1876"},"modified":"2023-02-09T00:00:00","modified_gmt":"2023-02-09T05:00:00","slug":"sell-my-house-owner-financing-in-detroit-mi","status":"publish","type":"post","link":"https:\/\/www.chrisbuyshomesdetroit.com\/blog\/sell-my-house-owner-financing-in-detroit-mi\/","title":{"rendered":"Sell My House Owner Financing In Detroit MI &#8211; Chris Buys Homes in Detroit"},"content":{"rendered":"<p>Do you own a house and are thinking about selling? Selling the traditional way (through an agent) will give you access to some buyers. However, if you\u2019re asking, \u201c<a href=\"\/\"><u>how do I sell my house owner financing in Detroit MI<\/u><\/a>\u201d then you\u2019re making a smart move that will give you access to many more buyers! Keep reading to find out how\u2026<\/p>\n<h2>Introduction to &#8220;Sell My House Owner Financing In Detroit MI&#8221;<\/h2>\n<p>When a homeowner sells their home the traditional way (through an agent), the buyers are typically regular buyers who are trying to get a mortgage to buy a house that they will live in. In some markets, there are a lot of these kind of buyers but in other markets there aren\u2019t as many. And real estate agents typically work with these kind of &#8220;pre-qualified&#8221; buyers who can get a mortgage through a bank.<\/p>\n<p><span style=\"text-decoration: underline\">However, this method of selling is not without its problems.<\/span> For example, sometimes you have to wait to see if a buyer can even get financing (and sometimes the financing falls through so you&#8217;re forced to keep showing your house to find another buyer).<\/p>\n<p>If you want to increase the likelihood that you\u2019ll sell your house, and expand the range of possible buyers who can buy, here\u2019s a little-known strategy you might not be aware of: sell your house with owner financing.<\/p>\n<p><strong>Owner financing is when a buyer skips the bank and buys directly from you.<\/strong> In essence, you\u2019re the bank! Just like a bank, you get an up-front deposit and then you get regular payments that pay off the amount owing. In most cases, you hold the title until the house is fully paid off, and then the title transfers to the buyer.<\/p>\n<h2>Benefits of selling with owner financing<\/h2>\n<ul>\n<li>It opens up the number of buyers because now you\u2019ll be able to find buyers who might not normally be able to get bank financing.<\/li>\n<li>It gives you cash flow, since they buyer will need to pay regular payments to you (just as they would need to pay regular mortgage payments to the bank).<\/li>\n<li>It protects you because even if the buyer stops paying, you still own the house!<\/li>\n<li>And unlike owning a rental, there isn\u2019t a lot of property management since that will be the responsibility of the buyer.<\/li>\n<\/ul>\n<h2>What&#8217;s next&#8230;<\/h2>\n<p>Wondering, \u201chow do I sell my house owner financing in Detroit MI\u201d? Start by deciding how much you\u2019d like to get each month for your house.<\/p>\n<p>There are many different ways to sell your house and in this blog post we shared with you how to sell with owner financing. Selling with owner financing isn\u2019t for everyone but if you want more exposure to buyers, plus some cash flow, plus plenty of protection, then selling with owner financing might be right for you.<\/p>\n<h3 style=\"text-align: center\"><u><a href=\"\/\">And here\u2019s an even faster way to sell your house owner financing in Detroit MI \u2013 you can sell your house to us. We sometimes work out owner financing deals with sellers like you. Just click this link now and fill out the form or call us today at (313) 217-9851.<\/a><\/u><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>Do you own a house and are thinking about selling? Selling the traditional way (through an agent) will give you access to some buyers. However, if you\u2019re asking, \u201chow do I sell my house owner financing in Detroit MI\u201d then you\u2019re making a smart move that will give you access to many more buyers! Keep [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[70],"class_list":["post-1876","post","type-post","status-publish","format-standard","hentry","category-owner-financing","tag-sell-my-house-owner-financing-in"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/posts\/1876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/comments?post=1876"}],"version-history":[{"count":0,"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/posts\/1876\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/media?parent=1876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/categories?post=1876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/tags?post=1876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}