Selling a home, yourself is a great achievement. Selling a house directly without the help of any real estate agent can be a great deal.
However, if you take help from an agent, it can be time taking and can cost you a lot in a long run.
When listing your home in Michigan, there is no specific time that you can fix in your mind and determine that this is how much time it is going to take for me to sell my home. In the current blog post, we will discuss how much time it takes for someone to sell a home and what can be possible reasons that can cause delays in the selling process.
If you list your home….
8 Steps to Selling Your House in Michigan
Step 1: Get it Ready for the Market
If you have made up your mind to list your Michigan house.
You got to make some preparations before you set it off for sale. You need to make some necessary repairs. Clean your home, remove personal belongings, and got to stage the house for showings.
Step 2: Find the Right Agent
Choosing an agent, you want to work with is going to take some time as well.
You are not going to start work with the first agent you meet. Instead, you need to do some research, ask your friends or family members who have recently sold a house, or meet different agents. You should meet few agents before deciding who to hire.
After doing a thorough research you will find the best agent for you with whom you can work and he will help you to sell your home fast.
Step 3: Wait for a Buyer
After your house is listed, you have to wait as no one knows or predicts that how much time it is going to take to find the right buyer.
Sometimes, after listing your property on MLS you receive an offer much lower than you expected. You can never comprehend how much time it is going to take to find the right buyer which makes future planning tough.
Step 4: The Inspection Processes
Once an offer has been made, your buyers’ lender will ask for inspection and appraisal.
If it doesn’t appraise for what they are lending, the loan would not be funded. If there are some problems with the property you would need to make additional repairs or make negotiations with the buyers. When fixing the price for your home you need to be ready for this step.
As the price of the home varies greatly after the inspection. Most sellers even pay from their pockets before putting the home for sale in the market.
This is done in order to ensure that there are no more awaiting surprises after the offer is made.
Step 5: Escrow
The amount of time escrow can take varies upon the agreement made between the buyer and the seller.
The buyer can ask for repairs before signing the eventualities and sellers may take some time to fund the loan. On average escrow take 2-4 weeks.
Step 6: Closing
Once the escrow process is complete, the buyers and sellers will mutually decide the date to meet and sign the papers. All that is left is to meet at the venue, review the paperwork and finally sign the papers.
Step 7: Get an offer
When you decide to sell your house to Cash for Michigan Houses, we will give you an offer right away.
Then you have to decide whether it is the right choice for you or not. You can take all the time you need to decide whether that offer makes sense for you or not. You might need to run some number we would never pressurize you in accepting that offer.
Step 8: Sold
After all the time you have taken for thinking, you have decided to accept our offer. The process of closing the deal gets easy and it can be closed in few days.
By doing the direct sale to Cash for Michigan Houses, you will be saved of so many additional costs like repairing, commissions and closing costs, etc. You will be able to plan ahead when you will know when your house sale is closing.
For many properties in the Michigan market, a direct sale is an effective and safer solution. You will never need to make any repairs or pay additional costs to the agents. Before you decide to list your property, always remember that direct sale is right for you. There is never any commitment involved.