Menu Close

FAQ

Frequently Asked Questions

We are sure you have questions! That is very common! We want to make sure you understand every step of our process, so we have compiled a list of the most common questions here. If you don’t see the answer to your specific question, feel free to contact us. We are always happy to hear from you!

Q:  Do you really buy ANY house in Michigan?
A:  We buy houses all over Michigan. We buy any house in Michigan, if the numbers make sense. That being said, our biggest concern is location. The more rural the home, the more of a discount we need as a rehab can take longer as contractors are harder to find. Our normal work crews may not be available to travel or we may have to pay them a travel premium. Sometimes, we may partner with another flipping company in an area where we foresee a challenge.

Q:  What can I expect my offer to be? Or, do you just lowball me?
A:  We are investors. This means that we only buy houses that are discounted enough for us to make a profit. Our offer on your home also has to include our closing costs, Realtor fees (when we sell), money costs, rehab costs, and some price protection (in case the rehab goes over budget). Our costs (not including profit and rehab) usually comes out to 15%. So, our offer is Expected Sold Price – 15% – rehab – profit. We don’t make sense for every homeowner. We do offer a fast and guaranteed close, on your time frame, with no fees to you.

Check out our guide to understand how we buy houses, including our formula for estimating our offer.  Plus, you can see some pros and cons and other options you have when working with, including setting your own move out date!

Click here to see all of this and more →

Q:  What is the cost to work with Cash for Michigan Houses?
A: We pride ourselves on communication. All of our conversations are free and if we can help you without buying your home, we will do it. We love helping homeowners!

We make offers on houses, daily. We would love to make on offer to buy your house. You are under NO obligation to accept our offer. But, if you do accept our offer, there are no fees and no commissions. The amount we offer is what you keep. Of course, we don’t pay any back taxes, liens, or code violations, as a norm. If you have none of these, our offer is exactly what you get. We even pay closing costs!

Q:  How are you different from Realtors?
A: Realtors list property “on-market”. This means your home will hit the MLS (Multiple Listing Service), and be distributed to all “on-market” websites, such as zillow, realtor.com, truefin, etc. Realtors gather showings, interest and offers. You get a lot of visibility and can sell your house to the highest bidder. A Realtor will take 5-6% of your sold price, as a commission (shared with the buyer’s agent). This process takes many months and usually requires your home to show well, as it is marketed wide. Many sellers can spend quite a bit of time and money getting a house list ready. Then, even if you accept the first full price offer you get, buyers can fall out.

With us, you get a guaranteed sale. If you accept our offer, we will 100% close, GUARANTEED! We buy as-is so no repairs or cleaning is needed. Because of this, we can close FAST.