Q. Can I sell my home if it has already been foreclosed?

One of the most frequent questions asked by homeowners across Michigan. The short answer is yes. Homeowners in Michigan may sell after foreclosure with proceeds first paying off the amount of the foreclosure sale. All funds left over are yours to keep. It is important to remember that ownership is not transferred from the home owner until the end of the redemption period. It doesn’t matter if a third party purchased the home at the sheriff’s sale or if the home sold for less than the amount owed on it. The home belongs to the homeowner until the redemption period expires.

 

Q. Who usually sells their houses to True Properties of Michigan?

Great question. That’s one of the most frequently asked questions we get here at True Properties of Michigan, and the answer is simple. Homeowners from all walks of life sell houses, homes and properties to True Properties of Michigan for several reasons, including:

  • Relocating to another city or state
  • Facing foreclosure because of delinquent mortgage payments
  • Needing to liquidate assets due to divorce, medical bills, or other cash need
  • Wanting to sell a property inheritance quickly
  • Not having the money or desire to make necessary home repairs
  • Getting rid of problematic rental property
  • And More

 

If you’re interested in selling your home, it’s important to know that the thing most of the people selling their houses to True Properties of Michigan company have in common is the need to sell quickly to a reputable home buyer who can ensure a fast, hassle free closing and all cash sale.

 

Q. How does the house buying process work?
A. When it comes to True Properties of Michigan questions, the answer to this one always puts homeowners in need of selling at ease. Here’s our process:

  1. Give us some brief information about your house by calling us at (248) 879-2900, or filling out and submitting our convenient contact form.
  2. A local True Properties of Michigan employee in your area will contact you quickly to arrange a visit to your house.
  3. Our employee will explain the entire selling process to you and answer all your True Properties of Michigan questions before evaluating the condition of your house and making a fair cash offer.
  4. If you accept our no-obligation cash offer, we’ll quickly set up a closing so you get your cash and out of your house fast.

Q. Will you pay market value for my house?
A. After answering your True Properties of Michigan questions and evaluating the condition of your house, our company will make a fair, no-obligation all cash offer on your house discounted from the expected retail value after a full renovation.

Our company will buy your house, but only at a price below market value so it can resell after renovations for a profit. However, our company will pay cash for your house, take care of normal closing costs, and close quickly so you can move on fast. These are conveniences that all add up to a great deal for just about any homeowner.

Q. How do you determine the exact price you’ll pay for my house?  Our company consider a variety of factors when determining a cash price for your house. Prior to your consultation and answering your True Properties of Michigan questions, our company will evaluate

  • The current condition of your house
  • The cost and extent of repairs and renovations required
  • The amount of time it will take to complete needed repairs and renovations
  • The retail value of your house compared to others in the area after completing repairs and renovations
  • The amount of real estate commissions required to sell the house after repairs and renovations
  • The cost of maintaining the house during repairs and renovations until it’s ready to put on the market, including insurance, taxes, loan payments, utilities, and more

Q. Will I have to pay a fee for you to visit and make an offer on my house? Not. You won’t have to pay a dime to have one of our local company answer your True Properties of Michigan questions, visit your house, or make an all cash offer for your house.

 

Q. Am I obligated to you in any way if I call or submit your contact form with information about my house? No. You’re never under obligation to True Properties of Michigan when you contact us via phone or our contact form. We answer your True Properties of Michigan questions, evaluate your house, and make a no-obligation all cash offer free of charge. We’re happy to give you our time and information. It’s all up to you whether you decide to sell to us – or not.

 

At True Properties of Michigan, we're different! We're NOT real estate agents... We don't want to list your house or help you sell it,we want to buy your house. We understand that selling your house through traditional methods can take months or even years, if it even sells at all!  Unlike selling through an agent, you don’t have to wait to see if the buyer can get financing… we’re ready to buy right now! And as a bonus, you won’t need to clean up and repair the property. All that hassle can add stress, months to the process, and in the end after paying the agent’s expensive fees, you may or may not be ahead of the game. Save yourself the time and headache and let us make you a FAIR CASH OFFER OR A CASH FOR KEYS OFFER!

That's what is meant when I say that we buy houses. We are a legitimate house buying company.

Even if you don't know the first thing about selling a house, with or without an agent, we can help. When we buy your house, we take care of everything for you...and we don't charge any fees or commissions!

We've been buying houses and offering Cash for Keys to homeowners in Michigan for over 25 years and have seen it all. You can be assured that we will treat you with respect and do our best to help you, even if you don't sell us your house.

 

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