Chris Buys Homes in Metro Detroit Blog

Most cash buyers pay less than full market value. Here is how they reach their number, what listing really costs in Michigan, and one worked example that puts the two nets side by side.

A checklist you can use on any cash home buyer in Metro Detroit, us included: proof of funds, a title company you can look up, no upfront fees, a price that holds after the walkthrough, and a purchase agreement you understand before you sign.

Bowed block walls, settling and a wet basement can stall a financed sale. Here is how repairing, giving the buyer a credit and selling as-is compare in Metro Detroit, with 2026 cost ranges and what Michigan sellers must disclose.

Owner financing a house means you become the lender. The buyer pays you directly over an agreed term instead of handing you a bank’s money at closing, and you hold a promissory note secured by the property. Done well it can widen your pool of buyers and spread the tax hit across years. Done casually […]

If you are selling, the state of the market buyers are working in matters more than any headline number. Borrowing costs have kept a lot of Metro Detroit buyers cautious, so a well priced home in Royal Oak, Ferndale or Rochester Hills still moves while anything needing work sits. That gap is the whole story. […]

You can sell a house with a reverse mortgage, and the loan is paid off at closing. For heirs, HUD's rules set the clock: 30 days to answer the servicer, about six months to sell, and a 95% floor when the house is worth less than the loan.

Many Michigan sellers still owe on the house. Here is how the payoff is figured at closing, why it runs higher than your balance, what happens to a HELOC and your escrow, and what to do if you owe more than the house is worth.

Thinking about carrying the loan for your buyer while your own mortgage is still open? How the due-on-sale clause works, why the Garn-St Germain exceptions don't cover a sale, what a Michigan wrap or land contract involves, and what a buyer default costs you.

Choosing to sell a house by owner financing makes sense for a specific kind of home: one that struggles to pass a lender’s tests but suits a buyer who can pay steadily. A house with an unusual layout, a mixed-use past, or condition issues an appraiser will flag can genuinely sell better on terms, because […]

An agent under a Michigan power of attorney can sell a parent's house if the document covers real estate and was signed properly. Here is what the title company checks, why the power ends at death, and when a probate court has to approve the sale instead.

To sell a house you inherited, work three problems in order: authority, agreement, then the sale itself. Authority means proving you can sign. If the home passed through a trust or a deed naming you, that proof may already exist; if not, the probate court supplies it, and whether a house can be sold while […]

A house can be sold while in probate; what the sale waits for is not the estate closing but someone holding authority to sign, and that distinction saves families months. In Michigan, the probate court appoints a personal representative, and letters of authority give that person power to act for the estate, commonly including selling […]

What happens when you inherit a house divides into three questions: how title reaches you, what arrives attached to it, and which clocks start ticking. Title happens one of three ways in Michigan: a deed that named you and transfers outside probate, a trust that holds the house and distributes it by its terms, or […]