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Inherited a House? Don’t Miss These Smart Next Steps

Inherited a House? Here’s What You Can Do With It

Inheriting a house can bring up a mix of emotions—grief, confusion, maybe even stress. While it’s a generous gift, it also comes with big decisions. One of the most common questions is: What should I do with this inherited house?

Whether the property needs repairs, is located far away, or you’re unsure how to handle it with other family members, don’t worry. You’re not alone—and you do have options. In this guide, we’ll walk you through everything you need to know in simple terms, so you can make the right choice for your situation.


1. What Does It Mean to Inherit a House?

Before we talk about what to do, let’s break down what it actually means to inherit a house.

When someone passes away and leaves their home to you—either through a will, a trust, or as part of their estate—that’s called inheriting a house. This can happen if you’re a child, spouse, sibling, or other relative of the deceased.

Sometimes you’ll inherit a house by yourself, and sometimes you’ll share it with other family members (called co-heirs). The property may come with a mortgage, property taxes, or even back bills attached to it.

In many cases, this all happens through a legal process called probate. If you want to understand probate in more detail, we recommend this helpful guide from Nolo.


2. What Are Your Options After Inheriting a House?

Once the house is officially yours, you have three main options:

✅ 1. Move Into the Home

If you’re interested in living there yourself, you can choose to make it your primary residence. This may be a good choice if the house is paid off or in good condition.

✅ 2. Rent It Out

Some people choose to turn the home into a rental property. This could bring in monthly income—but you’ll need to be ready to manage tenants, repairs, and maintenance.

✅ 3. Sell the Property

Many people decide that selling the house is the best option—especially if they already have a home or live out of state. Selling lets you avoid ongoing costs and move forward.

Not sure which route to take? Start by asking:

  • Do I want to live in the home?
  • Can I afford the maintenance, taxes, and insurance?
  • Do I want to manage renters?
  • Is this house creating stress or peace?

Your answers will help guide your decision.


3. Check These Things Before Making a Final Decision

Before you take action, there are a few important steps to check off:

🔍 Is the Mortgage Paid Off?

Some inherited houses are owned free and clear. Others still have a mortgage—or worse, are behind on payments. You’ll want to contact the mortgage company to understand what’s owed.

🧾 Has Probate Been Completed?

If the home is still in probate, you may not be able to sell it yet. You’ll need to wait until the court officially transfers ownership to you. If it was held in a living trust, probate may not be needed.

👨‍👩‍👧 Are There Multiple Heirs?

If you’re not the only person who inherited the home, you’ll need to agree with co-heirs about what to do. You can either:

  • Buy out the others
  • Sell and divide the profits
  • Co-own the house together (not always ideal)

🧾 Are There Any Outstanding Bills?

Check for unpaid property taxes, liens, or utility bills. These need to be settled before or during a sale.


4. How to Sell an Inherited House in Michigan

Selling is a popular choice—especially when the house is too far away, needs major work, or feels like more responsibility than you’re ready to take on.

Here’s how to sell an inherited house step by step:

Step 1: Transfer Ownership

If the house is still in the deceased person’s name, work with a probate attorney to legally transfer it to yourself or the rightful heirs.

Step 2: Talk to Co-Heirs (if applicable)

If others are involved, meet to discuss what to do with the home. Agree to sell, split profits, or transfer it to one person.

Step 3: Decide How You Want to Sell

You can:

  • List with a realtor (takes time, may need repairs and updates)
  • Sell it yourself (FSBO) (you handle all paperwork, marketing, etc.)
  • Sell to a cash home buyer (fast, no repairs, no fees)

If the home is outdated, has damage, or you’re on a tight timeline, selling to a cash buyer can be the simplest way.


5. Can I Sell an Inherited House As-Is?

Yes, and many people do.

Selling a house as-is means you don’t fix it up, clean it out, or update anything before the sale. This is especially helpful if:

  • The house has old plumbing, roofing, or electrical work
  • It’s been sitting empty for months or years
  • There’s too much stuff left behind
  • You live in another city or state

A cash buyer or real estate investor will buy the home in its current condition—saving you the time, money, and stress of preparing it for the market.

For more about this, check out HomeLight’s guide to selling as-is.


6. Why Many Sellers Choose a Quick Sale

Selling an inherited house fast isn’t just about convenience—it’s about peace of mind. Here are common reasons people choose to sell quickly:

They Don’t Live Nearby

Managing a property from far away can be costly and exhausting.

The Home Needs Too Many Repairs

If the house is outdated, damaged, or cluttered, prepping it for a traditional sale may feel impossible.

They’re Paying Out-of-Pocket

You might already be covering utilities, taxes, or mortgage payments you didn’t plan for.

They Want to Avoid Family Conflict

Selling fast with a clean split can help avoid arguments among heirs.

They Just Want to Move On

For many, letting go of the property helps with emotional closure after losing a loved one.


7. Tips to Make the Process Easier

Dealing with an inherited home doesn’t have to be overwhelming. Here are some ways to reduce stress:

  • Gather all paperwork early (will, death certificate, mortgage details)
  • Stay in communication with co-heirs
  • Work with professionals you trust
  • Don’t rush—take the time you need to feel ready
  • Explore selling options without pressure

You’ve got this—and there are people who can help.


8. Inherited House in West Michigan? We’re Here to Help

If you’ve inherited a house in Kent, Ottawa, or Ionia County, or nearby towns like Grand Rapids, Wyoming, Holland, Jenison, Belding, or Rockford, Hometown Development is ready to help you through the process.

We buy inherited houses in any condition—no cleaning, no repairs, no long wait. Whether the home is in probate, occupied, or completely empty, we can give you a fair, no-pressure cash offer and close when you’re ready.

👉 Get a free cash offer here
Or call us directly to talk through your situation with someone local.


Final Thoughts: You Have Options With an Inherited Home

An inherited house may feel like a burden, a blessing, or something in between. No matter where you are emotionally or financially, just know this: you are allowed to move forward in a way that’s best for you.

Whether you keep the home, rent it, or sell it, there’s no “right” answer—just the one that works for your life.

If selling feels like the best step, there are people right here in Michigan ready to support you.

Can You Sell a House in Foreclosure ? Yes—Here’s How

If you’re going through a difficult financial time and have fallen behind on your mortgage, you may be wondering, can you sell a house in foreclosure? The short answer is yes—you can. And better yet, doing so might actually help you avoid even more damage to your credit or finances.

This guide breaks down everything you need to know in a way that’s easy to understand. Whether you’re just starting to fall behind or already in the foreclosure process, you still have time and options. Let’s walk through it together.


Understanding Foreclosure in Simple Terms

Before we talk about selling your house, let’s make sure you understand what foreclosure really means.

Foreclosure is the legal process your lender starts when you’ve missed too many mortgage payments. In most cases, this happens after 3 to 6 months of non-payment. The bank is trying to get back the money they loaned you by taking ownership of your house and selling it.

In Michigan, most foreclosures are non-judicial, meaning they don’t need to go through the court system. This process ends with a sheriff’s sale, where your home is sold at auction.

But here’s the key point: Until the auction is complete and the redemption period expires, you still legally own your home. That means you have time to sell it—if you act quickly.

For a helpful legal overview of Michigan foreclosure laws, check out Michigan Legal Help.


Yes, You Can Sell a House in Foreclosure (But Timing Matters)

This is the most important question: can you sell a house in foreclosure? Yes, but only if you do it before the foreclosure process fully ends.

There are two windows when you can sell:

🟢 1. Before the Sheriff’s Sale (Pre-Foreclosure)

This is the best time to sell. The home is still 100% in your name. If you find a buyer and close the sale before the sheriff’s auction, you can use the money to pay off the mortgage and stop foreclosure completely.

🟡 2. During the Redemption Period (After the Auction)

In Michigan, homeowners usually get 6 months after the sheriff’s sale to “redeem” the property. If you can sell the home and pay back the auction price plus fees, the deal can still go through.

Selling during either of these timeframes is legal and possible, but it takes speed and a buyer who can move fast—like a cash buyer or real estate investor.


Why Sell Your Home During Foreclosure?

There are several smart reasons homeowners decide to sell before foreclosure finalizes:

✅ Avoid Long-Term Credit Damage

A completed foreclosure can hurt your credit for up to 7 years. Selling the home before the process ends can help avoid that.

✅ Take Back Control

Selling puts the power in your hands—not the bank’s. You get to decide how and when to move.

✅ Stop Harassing Calls

Once you agree to sell, many lenders pause collection activity.

✅ Keep Some Equity

If your home is worth more than what you owe, selling might allow you to keep the leftover money after the mortgage and fees are paid.


Step-by-Step Guide to Selling a House in Foreclosure

Now that you know you can sell a house in foreclosure, let’s break down how to actually do it:

Step 1: Talk to Your Lender

Let your mortgage company know that you’re working on selling the home. Some lenders may temporarily delay the foreclosure process if they know a sale is in progress.

Step 2: Get a Payoff Statement

Ask your lender for the payoff amount, which includes your mortgage balance, late fees, legal costs, and interest. You’ll need this to know how much your sale must cover.

Step 3: Choose the Right Selling Method

  • Traditional agent sale: Takes more time, may involve repairs, inspections, and buyer financing delays.
  • Cash sale to investor: Faster, no repairs needed, no agent commissions.

Step 4: Close the Sale

If you’ve agreed to a cash sale, the buyer can usually close in as little as 7–10 days. At closing, the lender gets paid and the foreclosure process is stopped.


Can You Sell a House in Foreclosure Without Making Repairs?

Yes—and this is where many homeowners breathe a sigh of relief. Most traditional buyers expect a home to be move-in ready. That means fixing up everything from plumbing and paint to appliances and flooring.

But when you’re already behind on mortgage payments, spending thousands on home repairs probably isn’t an option.

Luckily, you can sell your home as-is to a real estate investor. These buyers purchase properties in any condition, handle the repairs themselves, and move quickly to close.

They’re not scared by broken windows, old roofs, or outdated kitchens. They’re focused on helping you move on without added expenses or stress.

For an example of how this process works, see HomeLight’s article on selling a house as-is.


Why Cash Buyers Are a Great Option for Foreclosure Situations

Let’s be honest—when time is tight, you don’t want to deal with open houses, bank delays, and endless paperwork.

Here’s why cash buyers can be the best solution:

  • Close in days, not months
  • No need to fix up the house
  • No showings or open houses
  • No agent fees or closing costs
  • Help with paperwork and communication with your lender

If you’re already feeling overwhelmed, this kind of support can make a tough situation much easier.


What to Watch Out for When Selling a house during Foreclosure

While selling your house in foreclosure is legal, you do need to be careful. Some buyers may try to take advantage of your situation.

Here’s what to avoid:

  • 🚫 Upfront fees: Never pay a fee just to get an offer.
  • 🚫 High-pressure tactics: You should never feel forced to sign anything.
  • 🚫 Vague terms: Always ask for details in writing.

Choose a local, reputable company that has real reviews and experience helping Michigan homeowners.


Need to Sell Fast in Michigan? We Can Help

At Hometown Development, we work with homeowners across West Michigan who are facing foreclosure. We understand how stressful this situation can be, and we’re here to make the process easier—not harder.

We’ve helped people sell in:

  • Kent County: Grand Rapids, Kentwood, Wyoming, Lowell, Comstock Park, Sparta, Rockford
  • Ottawa County: Holland, Grand Haven, Hudsonville, Zeeland
  • Ionia County: Belding, Saranac
  • And nearby areas like Muskegon, Middleville, Wayland, Fruitport, and more

No repairs. No commissions. Just a fair, fast cash offer—on your terms.

👉 Click here to request your no-obligation cash offer

We’ll walk you through everything and work on a timeline that fits your needs—even if that’s just a week away.


Final Thoughts: You Have More Power Than You Think

Facing foreclosure is tough, but it doesn’t mean you’re out of options. You can sell a house in foreclosure, and it might just be the best decision you can make to protect your finances and peace of mind.

The most important thing? Don’t wait. The sooner you take action, the more choices you’ll have.

Whether you want to stay in your home or sell it and start fresh, there’s a way forward—and we’re here to help you find it.

Sell your House Fast in Michigan – The Stress-Free Way That Actually Works

Thinking about selling your house but don’t want to wait months for the right buyer? You’re not alone. Many homeowners across the state are searching for ways to sell my house fast in Michigan without going through a long, complicated process. 

Whether you’re facing a personal challenge, relocating, or just want to avoid major repairs and realtor fees, there’s good news: selling fast is possible—and this guide will show you how.

Let’s break down everything in easy, practical steps.


Why Michigan Homeowners Need to Sell Quickly

There are many reasons why people want or need to sell their home fast—and none of them mean you’re doing something wrong.

Some of the most common situations include:

  • Relocating for work or family reasons
  • Inheriting a home you don’t plan to keep
  • Going through a divorce or separation
  • Facing financial hardship or potential foreclosure
  • Owning a rental property that’s become a burden

Life can change fast, and waiting months for a traditional sale doesn’t always make sense. That’s why more sellers are looking for quicker, more flexible ways to move on with peace of mind.


What Slows Down the Home Selling Process?

To understand how to speed things up, you first have to know what causes delays in a traditional home sale.

1. Too Many Repairs

Buyers tend to avoid homes that need a lot of work. A leaking roof or outdated kitchen can scare them off—or lead to long negotiations.

2. Financing Falls Through

Even if a buyer wants your home, banks can take time to approve the loan—or decline it altogether.

3. Overpricing the Home

It’s tempting to aim high, but pricing too far above market value can cause your house to sit unsold for weeks or months.

4. Too Many Showings and Open Houses

This process can be stressful, especially when you’re living in the home while trying to keep it spotless every day.

For more information on common home sale delays, check out Zillow’s guide to selling.


a map of Michigan,

Quickest Ways to Sell a House in Michigan

Now let’s talk about solutions—specifically, how you can sell faster without all the headaches.

✅ Selling With a Realtor

This is the traditional route. Realtors can list your home, market it, and help manage showings. However, this still involves:

  • Repairs and prep work
  • Waiting for a buyer
  • Paying commission fees (typically 5–6%)

If you’re not in a rush and your home is in great shape, this can work—but it’s not the fastest route.

✅ For Sale By Owner (FSBO)

Some sellers take matters into their own hands. You can list your home on sites like Zillow, Facebook Marketplace, or Craigslist. This saves on agent fees, but it also means:

  • You’ll handle everything yourself (pricing, paperwork, showings)
  • Marketing may not be as strong
  • It could still take weeks or months to close

✅ Selling to a Real Estate Investor or Cash Buyer

This is often the fastest and most stress-free option.

Cash buyers—like Hometown Development—buy houses in as-is condition. That means:

  • No repairs needed
  • No listings or showings
  • No waiting on buyer loans
  • No agent commissions

You get a fair cash offer and can often close in as little as 7–10 days.


Step-by-Step: How the Cash Home Sale Process Works

One of the biggest benefits of working with a real estate investor is the simplicity. Here’s what the process usually looks like:

1. Reach Out for a Free Offer

You fill out a short form or call the company. You share basic info about your home—no inspections or listings required.

2. Get a Cash Offer Within 24–48 Hours

A local buyer reviews your property and makes an offer based on its condition and the current market.

3. Accept and Choose Your Closing Date

If you’re happy with the offer, you choose when to close—often within 1–2 weeks.

4. Close and Get Paid

You sign a few documents, and the money is wired to your account. That’s it—no surprises, no stress.


What to Look For in a Trustworthy Cash Buyer

Not all buyers are the same. Before accepting an offer, make sure the company you work with is:

  • Local to Michigan and knows the neighborhoods
  • Transparent with no hidden fees
  • Well-reviewed by real people
  • Flexible with your timeline

Red flags include high-pressure tactics, vague offers, or asking for upfront fees. A good company will walk you through everything, answer your questions, and respect your pace.


Sell your House Fast in Michigan: What You Need to Know

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When it comes to how to sell your house fast in Michigan, the key is simplicity and speed.

You don’t need to pour thousands into home repairs. You don’t have to deal with agents, banks, or endless paperwork. Selling your home fast is 100% possible—especially when you work with a local buyer who understands your needs.

At Hometown Development, we specialize in helping homeowners just like you move on with confidence.


Why Selling to a Local Buyer Makes a Big Difference

Working with a national company can feel cold and impersonal. But Hometown Development is based right here in Michigan. We know the local market and the neighborhoods that make this place special.

We’ve helped homeowners in:

  • Grand Rapids
  • Kentwood
  • Wyoming
  • Rockford
  • Holland
  • Hudsonville
  • Belding
  • and dozens of other West Michigan towns

When you sell to a local cash buyer, you’re working with someone who understands your property’s real value—not just what the computer says. And that can mean a faster, smoother sale with no surprises.


Ready to Sell your house Fast? We’re Buying Houses Near You

If you’re ready to sell your house quickly, Hometown Development is here to make the process simple, stress-free, and tailored to your needs. Whether you’re facing unexpected life changes or just want to move on without the hassle of repairs and showings, we can help you close on your terms—with a fair, no-obligation cash offer.

We proudly serve homeowners across West Michigan, and we’re actively buying houses in areas like:

No matter the condition of your property—whether it’s outdated, inherited, has a tax lien, or just needs a fast sale—we’re interested.

We’re not here to waste your time. You won’t need to:

  • Make any repairs
  • Clean up or stage the home
  • Wait for a buyer to get financing
  • Pay realtor commissions or closing costs

Just reach out, and we’ll walk you through our easy 4-step process. We’ll answer your questions, give you a fair cash offer, and let you decide what works best for you.

👉 Click here to get your free cash offer now
Or give us a call today—we’re real people, based right here in your community.


Final Thoughts: You Have More Options Than You Think

Selling a house can feel stressful, especially if you’re short on time. But you don’t have to go through this alone—or settle for less than your home is worth. By choosing a faster, easier way to sell, you can focus on what’s next—whether it’s a fresh start, a new city, or simply peace of mind.

How to Put a House on Sale the Right Way (Most Homeowners Get This Wrong)

Selling a home can feel overwhelming, especially if it’s your first time. You may be asking yourself questions like how to put a house on sale, what steps to take, or how to attract buyers without spending a fortune. Don’t worry—you’re not alone.

This guide is here to walk you through the process in a way that’s easy to understand, even if English isn’t your first language. We’ll cover everything from prepping your home to closing the deal, with tips to help you feel confident every step of the way.


1. Understand Why You’re Selling

Before listing your house, it’s important to understand your reason for selling. Are you relocating for work? Downsizing now that the kids have moved out? Looking for a bigger place for a growing family?

Knowing your “why” helps guide the entire process. For example, if you need to move quickly, you might accept a slightly lower offer for a faster sale. If you’re not in a rush, you may wait for a higher price.

Make sure your goal is clear:

  • Do you want to sell as fast as possible?
  • Are you trying to get the most money out of your home?
  • Are you looking for a buyer who will take the property “as-is”?

2. Get Your Home Ready

First impressions matter. You don’t have to spend thousands of dollars renovating your home, but doing a few basic things can go a long way.

Declutter and Deep Clean

Pack up anything you don’t use every day. Less clutter helps the space look bigger. Clean everything—floors, windows, bathrooms, and kitchens especially.

Small Repairs Make a Big Difference

Fix broken lights, leaky faucets, or peeling paint. These small details might seem minor, but they can make buyers think the home isn’t well maintained.

Boost Your Curb Appeal

The outside of your home is the first thing buyers see—make it count. Trim the bushes, sweep the porch, and consider a fresh coat of paint on the front door. Even something simple like adding a welcome mat can make a difference. First impressions matter, and a neat exterior sets the tone for what buyers expect inside.

If you’re residing in Grand Rapids, Wyoming, Kentwood, Rockford, or anywhere in Kent County, boosting your curb appeal can really help your home stand out. Buyers in these West Michigan communities appreciate a well-kept yard and clean exterior. Take a look at other homes in your area and try to match—or beat—their presentation for a stronger impact.

Pro Tip: According to Homelight, staged homes sell 88% faster and for 20% more than non-staged homes.


3. Price It Right: How to Sell Your Home Faster Without Losing Money

One of the biggest mistakes home sellers make is setting the wrong price. If you go too high, your house could sit on the market for months. Too low? You might lose out on the money you deserve. The sweet spot is somewhere in the middle—where buyers feel like they’re getting a good deal, and you still walk away happy.

Do Some Research

Start by checking out homes similar to yours in your area—same size, number of bedrooms, condition, and location. Websites like Zillow and Redfin are great tools for this. Look at both listings and recently sold properties to get a good idea of what your home might be worth.

Want to Skip the Guesswork?

If you’re in Kent County or the West Michigan area, Hometown Development can help. We buy homes in any condition and give you a fair cash offer—fast. No listings, no repairs, no hassle. It’s a great option if you want to avoid the pricing game altogether and sell on your terms.

👉 Visit HometownDev.com to see how easy it can be to sell your home today.


4. Decide How You Want to Sell

You have two main options when it comes to selling your house:

1. Hire a Real Estate Agent

A real estate agent can help you:

  • List your home on multiple sites
  • Handle paperwork
  • Market the home
  • Negotiate offers

They usually charge a commission, often around 5–6% of the sale price, but they handle much of the stress for you.

How to Put a House on Sale the Right Way
a man and woman trying to decide to sell homes for cash

2. Sell the Home Yourself (For Sale By Owner – FSBO)

Selling your home on your own—often called For Sale By Owner (FSBO)—can sound like a smart way to save money. And in many cases, it is! Real estate agents typically charge a commission of 5–6% of the home’s final selling price. On a $300,000 home, that’s up to $18,000 in fees. So, it’s understandable why some homeowners consider handling the sale themselves.

But before you decide to go this route, it’s important to understand what FSBO really involves.

You’re the Boss—But Also the Whole Team

When you sell your home yourself, you’re in charge of everything. That includes:

  • Pricing the home correctly
  • Taking professional-quality photos
  • Writing the listing description
  • Posting it on websites like Zillow, Facebook Marketplace, or Craigslist
  • Scheduling and conducting showings
  • Answering buyer questions
  • Negotiating offers
  • Handling all paperwork and legal requirements

It’s a lot—but it’s doable if you’re organized, confident, and ready to put in the time.

The Pros of Selling FSBO

  • Save Money on Commission: This is the #1 reason people choose FSBO. You keep more of the sale price.
  • Full Control: You manage the timeline, communication, and decisions without going through a third party.
  • Personal Touch: No one knows your home better than you. You can highlight its best features in a way that feels genuine to potential buyers.

The Cons You Should Know

  • Time-Consuming: Marketing, showings, and paperwork can eat up your schedule—especially if you’re working or raising a family.
  • Legal Responsibility: You’ll need to make sure all the forms and contracts are filled out correctly. Mistakes can delay the sale or even lead to legal issues.
  • Emotional Decisions: It’s hard to stay objective when negotiating a price for your own home. An agent acts as a buffer, which can be helpful when emotions run high.
  • Limited Reach: Real estate agents have access to the MLS (Multiple Listing Service), which gives your home more exposure than most FSBO listings get.

So, Is FSBO Right for You?

FSBO might be a good fit if:

  • You have experience in real estate or sales
  • You’re comfortable talking to buyers and negotiating
  • You have the time to dedicate to the process
  • You’re not in a rush and can wait for the right buyer

But if all of that feels overwhelming, it’s totally okay to work with a professional.

A Middle Ground: Sell Without a Realtor—But Not Alone

If you’re in Kent County or the West Michigan area and want to sell your home without a real estate agent but still want help, consider working with Hometown Development. We’re not agents—we buy homes directly, fast and fair, with no commissions or closing costs.

You skip the hassle of listing, showings, and negotiations. Just reach out, and we’ll give you a no-obligation cash offer.
👉 Visit HometownDev.com to learn how easy FSBO can be—with a little help from local experts.


5. Take Great Photos and Write a Strong Listing

Your online listing is often the first time a buyer will see your home. Make it count!

Photos Matter More Than You Think

Use a good camera or hire a professional photographer. Make sure your rooms are clean, well-lit, and look inviting. Take pictures from angles that show off the space.

What to Include in Your Listing Description

Tell potential buyers:

  • How many bedrooms and bathrooms the house has
  • Recent upgrades or renovations
  • Nearby schools, parks, or shopping areas
  • Any special features like a big backyard, fireplace, or finished basement

Stay honest but positive. You want to highlight your home’s strengths.


6. How to Put a House on Sale: The Actual Listing Process

Now that everything’s ready, it’s time to actually put your house on the market.

Step-by-Step Breakdown

  1. List Your Home Online: Use sites like Zillow, Realtor.com, Facebook Marketplace, and Craigslist.
  2. Add Eye-Catching Photos: Choose the best shots that show off your space.
  3. Use a Catchy Headline: “Charming 3-Bedroom Home Near Downtown” works better than “House for Sale.”
  4. Set a Competitive Price: Based on your research and/or appraisal.
  5. Share the Listing: Use your social media channels, email, and even word of mouth.

7. Show the House to Potential Buyers

Once people start showing interest, you’ll need to let them see the home.

Open Houses vs. Private Showings

  • Open Houses: Let multiple people tour the home at once
  • Private Showings: More personal and one-on-one

Tips for Showing Your Home

  • Make sure it’s clean and smells good
  • Open windows and let in natural light
  • Keep pets out of the house during showings
  • Leave the house during the visit so buyers feel comfortable looking around

8. Review Offers and Negotiate Smartly

When someone makes an offer, you don’t have to say yes right away.

What to Look For

  • Price: Is it close to your asking price?
  • Conditions: Do they want you to make repairs or cover closing costs?
  • Timeline: When do they want to move in?

Counteroffers Are Normal

You can ask for a higher price, different move-in date, or reject an offer altogether. A real estate agent can help you navigate this process.


9. Closing the Deal

Once you accept an offer, the buyer will usually order a home inspection. If everything looks good, the deal can move forward.

Final Steps:

  • Complete paperwork with a lawyer or title company
  • Sign the necessary documents
  • Hand over the keys

You’re officially done!


Final Thoughts: Selling Your Home Doesn’t Have to Be Stressful

Learning how to put a house on sale might seem like a lot at first, but with the right plan, it can be a smooth and even exciting experience. Whether you’re downsizing, upgrading, or relocating, you deserve a sale that works for you.

Take your time, do your research, and don’t be afraid to ask for help. Selling a house isn’t just about bricks and mortar—it’s about your next chapter.


Need Help Selling in West Michigan?

If you’re in Kent County or anywhere in West Michigan, Hometown Development is here for you. We buy homes in any condition, and we make the process simple, quick, and fair.

No stress. No repairs. Just an honest offer.
👉 Visit HometownDev.com to get started today.

7 Questions You Should Ask Yourself When Selling a Home That Needs Minor Work

Selling a home that needs minor work can be a challenging decision. You may be asking yourself, “Should I sell it as is or make repairs before putting it on the market?” Before making a final decision, it’s important to ask yourself some important questions to ensure that you are making the best choice for you and your family. In this blog, we’ll explore seven questions you should ask yourself before selling your home if it needs minor work done.

What Repairs Does My Home Need?

The first step in selling your home that needs minor work is to identify what repairs are necessary. This may include things like fixing a leaky faucet, replacing a broken window, or repainting a room. Once you have a list of necessary repairs, you can determine how much time and money you’ll need to invest in getting your home ready for the market.

Can I Afford to Make the Repairs?

While making repairs to your home may increase its value, it’s important to consider the cost of the repairs and whether or not you can afford to make them.

If the repairs are minor and you have the time and skills to make them yourself, you may be able to save some money. However, if the repairs are extensive, it may be more cost-effective to sell your home as is.

What Is the Market Like in My Area?

It’s important to understand the real estate market in your area before putting your home on the market. If the market is strong and there are many buyers looking for homes in your area, you may be able to sell your home as is and still receive a good offer. However, if the market is slow and there are many homes for sale, you may need to make repairs to your home to make it more attractive to potential buyers.

What Is the Condition of Other Homes in My Neighborhood?

It’s also important to consider the condition of other homes in your neighborhood. If most of the homes in your neighborhood are in good condition and have been recently updated, you may need to make some repairs to your home to make it more competitive.

However, if most of the homes in your neighborhood are in a similar condition to yours, you may be able to sell your home as is.

How Much Can I Realistically Sell My Home For?

Before putting your home on the market, it’s important to understand how much you can realistically sell it for. This will depend on factors like the condition of your home, the real estate market in your area, and the prices of similar homes in your neighborhood. You can work with a real estate agent or use online tools to get an estimate of your home’s value.

How Quickly Do I Need to Sell My Home?

If you need to sell your home quickly, you may not have the time to make repairs before putting it on the market. In this case, it may be better to sell your home as is and price it accordingly. However, if you have some time to make repairs, you may be able to sell your home for a higher price and attract more potential buyers.

What Are My Priorities?

Ultimately, the decision to make repairs or sell your home as is will come down to your priorities. If you prioritize getting a quick sale, selling your home as is may be the best option. However, if you prioritize getting the best possible price for your home, making repairs may be the way to go.

If you choose to sell your home as is, you may want to consider working with a real estate investor. Investors are experienced in buying homes that need work and can often close a deal quickly. They will typically make an offer on your home in its current condition, allowing you to avoid the cost and hassle of making repairs.

In Conclusion:

Selling a home that needs minor work can be a smart decision if done properly. By asking yourself these seven questions, you can determine whether selling your home as is or making repairs is the best choice for you.

Regardless of the path you choose, it’s important to work with a professional real estate agent or investor who can guide you through the selling process and help you achieve your goals. With a little planning and preparation, you can sell your home and move on to the next chapter of your life with confidence.


8 Moving Tips That’ll Make Your Transition Easier

Moving out of your home can be a daunting and stressful task, especially if you’ve lived in the same place for a long time. With so many things to consider, it’s easy to feel overwhelmed and unsure of where to start. But fear not! With a bit of planning and preparation, you can make the moving process smooth and stress-free. In this article, we’ll share some unique tips to help you move out of your home with ease.

Start Early

One of the biggest mistakes people make when moving is leaving everything until the last minute. This can lead to unnecessary stress and rushed decisions. To avoid this, start planning and preparing for your move as early as possible. Create a moving checklist and schedule to keep track of what needs to be done and when. This will help you stay on top of things and avoid any last-minute surprises.

Declutter

Moving is a great opportunity to declutter and get rid of any items you no longer need or use. Before you start packing, go through your belongings and separate them into three piles: keep, donate, and throw away. Be ruthless in your decision-making and only keep the items that are essential or hold sentimental value. Not only will this make the packing process easier, but it will also save you time and money when it comes to moving.

Pack Smart

Packing can be a tedious and time-consuming task, but there are ways to make it easier. Use packing materials wisely by wrapping fragile items in clothing or towels instead of bubble wrap. This not only saves you money on packing supplies, but it also helps to keep your items organized and protected during transit. Label boxes clearly with the contents and the room they belong in to make unpacking easier.

Hire a Professional Moving Company

While it may be tempting to save money by moving everything yourself, this can often lead to more stress and physical strain. Hiring a professional moving company can save you time and energy, and also ensure that your items are transported safely and securely. Look for a reputable moving company with good reviews and compare prices to get the best deal.

Pack an Essentials Box

Moving can be chaotic, and it’s easy to lose track of important items in the shuffle. To avoid this, pack an essentials box with all the items you’ll need on the first night in your new home. This could include toiletries, a change of clothes, bedding, and any important documents or electronics. Keep this box with you during the move so that you have easy access to these items when you need them.

Take Photos

Before you start packing, take photos of your belongings and any valuable or fragile items. This will help you keep track of what you have and also provide evidence in case of any damage or loss during the move. It’s also a good idea to take photos of your new home before you move in, so that you have a record of its condition in case of any disputes with the landlord or property manager.

Label Cables

With so many electronic devices and cables, it can be confusing and time-consuming to figure out which cable goes with which device. To avoid this, label your cables with masking tape or cable ties so that you know exactly which cable goes where. This will save you time and frustration when setting up your electronics in your new home.

Pack a First Aid Kit

Moving can be a physically demanding task, and accidents can happen. To be prepared, pack a first aid kit with all the essentials such as bandages, antiseptic, pain relief, and any prescription medications. Keep this kit with you during the move so that you have easy access to it when you need it.

In Conclusion:

Moving out of your home can be a stressful and overwhelming task, but with a bit of planning and preparation, you can make the process much smoother and stress-free. Use these unique tips to help you move out of your home with ease. Remember to start early, declutter, pack smart, hire a professional moving company, pack an essentials box, take photos, label cables, and pack a first aid kit.

Moving can be a challenging process, but it’s also an opportunity for a fresh start and a new beginning. By following these tips, you can make the move as easy and stress-free as possible. So, get started with your planning and preparation, and make your move a success! Good luck with your move, and we hope these tips help you get settled into your new home quickly and easily.

Is Selling My House for Cash a Good Idea?

Selling your house for cash can be a great idea, but it’s important to consider all the factors involved before making the decision. In this blog, we will explore the pros and cons of cash home sales, and provide you with information from three reputable sources to help you make an informed decision.

Pros of Selling Your House for Cash

  1. Speed: One of the biggest advantages of selling your house for cash is speed. Unlike traditional home sales, which can take months to close, cash home sales can be completed in just a few days. This is because cash buyers are not subject to the same financing contingencies that traditional buyers are. They don’t need to get a mortgage, which means there are no appraisal delays or loan underwriting processes to worry about. This can be especially beneficial if you need to sell quickly for personal reasons, such as a job change or financial hardship.
  2. Simplicity: Cash home sales are also much simpler than traditional home sales. You won’t have to worry about real estate agents, negotiations, or closing costs. You’ll simply receive a fair offer from a cash buyer, and if you accept, the sale will be completed in a matter of days. This can be a great option if you’re looking for a hassle-free way to sell your home.
  3. No Need for Repairs: Most cash buyers are looking for properties that are in need of repairs, so they can make a profit by fixing them up and reselling them. This means that you won’t have to spend money on fixing up your property before you sell it. You can sell your house as-is, which can save you time and money.

Cons of Selling Your House for Cash

  1. Lower Sales Price: One of the biggest disadvantages of selling your house for cash is that you may not receive as much money as you would if you sold it through a traditional home sale. Cash buyers are typically looking to buy properties at a discount, so they can make a profit by flipping them. This means that you may have to sell your house for less than its market value.
  2. Limited Options: Selling your house for cash may limit your options when it comes to choosing a buyer. There are only a few cash buyers in the market, so you may have to accept an offer from someone you’re not comfortable with. Additionally, because cash buyers are looking to buy properties at a discount, you may not receive as many offers as you would with a traditional home sale.
  3. Scams: Unfortunately, there are many scams associated with cash home sales. Be wary of any buyer who tries to pressure you into selling quickly, or who asks you to sign a contract before you’ve had a chance to fully understand the terms. Make sure you work with a reputable cash buyer, and never sign anything until you’re completely comfortable with the terms.

According to Forbes, “Cash home sales can be a good option for those looking for a fast and simple sale, but it’s important to be aware of the potential downsides. Make sure you understand the terms of the sale, and be wary of any buyer who tries to pressure you into a quick sale.”

The Balance states, “Cash home sales can be a quick and simple way to sell your property, but they can also result in a lower sales price. Make sure you understand the terms of the sale, and be aware of the potential risks involved.”

Finally, Realtor.com says, “Cash home sales can be a good option if you need to sell quickly, but they may not result in the highest sales price. Make sure you understand the terms of the sale, and be aware of the potential downsides. Work with a reputable cash buyer, and never sign anything until you’re completely comfortable with the terms.”

In Conclusion:

Selling your house for cash can be a great idea in certain situations, but it’s important to weigh the pros and cons carefully before making a decision. If you need to sell quickly, or if you’re looking for a hassle-free way to sell your property, a cash home sale may be the right option for you. However, if you’re looking to get the highest possible sales price for your property, you may be better off going with a traditional home sale. It’s important to understand the terms of the sale, be aware of the potential risks, and work with a reputable cash buyer. Do your research, consider all the factors involved, and make an informed decision that’s right for you and your family.

Should You Keep or Sell an Inherited Property?

Inheriting a house can be both a blessing and a burden. On one hand, you’ve just inherited a valuable asset that could be worth a substantial amount of money. On the other hand, you’re now responsible for a property that you may have never wanted in the first place. One of the most common decisions that people who have inherited a house have to make is whether to sell it or keep it. In this blog post, we’ll explore the pros and cons of selling an inherited house, and help you decide what to do with it.

Pros of Selling an Inherited House

  1. Liquidity: One of the biggest benefits of selling an inherited house is that you’ll have instant access to a large sum of money. If you’re inheriting a house from a loved one who has passed away, this money can help cover any funeral expenses and other bills that need to be paid.
  2. Ease of Maintenance: Inheriting a house also means inheriting its responsibilities. If you don’t live in the house or if it’s located in a different state or city, maintaining the property can be difficult and costly. By selling the house, you can free yourself from these responsibilities and the stress that comes with it.
  3. Opportunity to Invest in Other Assets: If you don’t have any specific plans for the money from the sale of the inherited house, you can consider investing it in other assets, such as stocks, bonds, or mutual funds. This can help you grow your wealth over time.

Cons of Selling an Inherited House

  1. Capital Gains Taxes: When you sell an inherited house, you’ll likely have to pay capital gains taxes. The amount of taxes you’ll owe will depend on several factors, including the value of the property and how long you’ve owned it. Before making a decision to sell, it’s important to consult with a tax professional to understand the tax implications of selling an inherited property.
  2. Emotional Attachment: If you’ve inherited a house from a loved one, the thought of selling it can be emotionally difficult. The house may have sentimental value, and selling it can feel like you’re letting go of a part of your loved one’s legacy.
  3. Potential Loss of Income: If you were planning to rent out the inherited house, selling it means that you’ll lose the rental income that you would have received.

Making a Decision

  1. Assess the Financial Situation: Before making a decision, it’s important to consider your financial situation. Do you have any outstanding debts or bills that need to be paid? Are you comfortable with the amount of taxes that you’ll owe if you sell the property?
  2. Consider the Emotional Factors: If you have an emotional attachment to the inherited house, it’s important to take this into account. Ask yourself if the emotional value of the house is worth holding on to, or if you’d be better off letting it go and using the money to invest in other assets.
  3. Consider the Location: If you’re inheriting a house that’s located in an area with a high demand for rental properties, you may want to consider keeping it as a rental property. This can provide you with a steady source of income, which can be especially useful if you have ongoing expenses or if you’re looking for a way to supplement your income. However, it’s important to understand that being a landlord comes with its own set of responsibilities and expenses. You’ll need to be prepared to handle any repairs and maintenance issues, as well as collect rent and manage any tenant-related problems.

Take Your Time: Making a decision about what to do with an inherited house is not something that should be rushed. Take the time to consider all of your options, talk to family members and friends, and weigh the pros and cons of each option. You may even want to seek the advice of a financial advisor or tax professional to ensure that you make the best decision for your situation.

In Conclusion:

Inheriting a house can be both a blessing and a burden. Selling it can provide you with immediate liquidity, ease the burden of maintenance, and provide you with the opportunity to invest in other assets. However, you’ll also have to pay capital gains taxes, face the emotional difficulty of letting go of the property, and potentially lose out on rental income. Keeping the property as a rental can provide you with a steady source of income, but you’ll also need to be prepared to handle the responsibilities that come with being a landlord. Ultimately, the decision of whether to sell or keep an inherited house will depend on your individual financial and emotional situation. Take your time, consider all of your options, and make the decision that is right for you.

Becoming a Real Estate Investor in Michigan: Why & How?

Does a career or side hustle in real estate investment sound exciting to you? To help you determine if this could be your next career move, let’s discuss the steps you can take to learn how to become a real estate investor in Michigan. 

What is a Real Estate Investor? 

As the name suggests, a real estate investor is someone who invests money into real estate properties in order to make a profit. 

Here are just a few of the many ways real estate investors generate cash flow

  • Renovating fixer-upper houses and selling them for a profit.
  • Buying an apartment complex, hiring a management company to handle its day-to-day operations, and receiving cash flow from it every month. 
  • Flipping vacant land by purchasing it at a lower price and selling it at a higher price. 
  • Investing in a real estate investment trust (REIT) for passive income. 
  • Buying fixer-upper properties, renovating them, and renting them out for monthly cash flow.
  • Purchasing vacant land, building a house on it, and selling it for a profit. 

As real estate investors make money with each deal, the money they have available to them in order to buy more properties increases, and the cycle of buying, renovating, selling, and earning more money continues. As their cash flow increases, they’re able to invest in more expensive, risky, and potentially profitable projects. 

Benefits of Investing in Fixer-Upper Properties

Now that we understand a few of the ways real estate investors make money, let’s discuss a few of the advantages of investing in fixer-upper properties: 

  • Lower cost: Due to the amount of work fixer-uppers require they are available at a lower cost. This can be enticing for real estate investors because the cost of acquiring the property and fixing it up is usually lower than buying a turnkey property. 

 

  • Potentially less competition: Homes that require a significant amount of work can often drive away the competition because they don’t want to invest the time and money to fix up the property. 

 

  • Opportunities for customization: Properties that require significant renovations often provide the opportunity for a clean slate, meaning investors are able to tailor the property to suit their desired outcome and maximize their profits. 

5 Steps to Take to Become a Real Estate Investor

Let’s discuss a few of the steps you can take when determining how to become a real estate investor in Michigan. 

1. Consider Important Qualities of a Real Estate Investor

Before diving right into a potential real estate investment career, take a moment to reflect on the qualities you bring to the table in order to determine if this is the right career path for you

To help you come to a conclusive decision, here are a few important qualities real estate investors possess: 

  • Analytical skills: A large portion of your time as a real estate investor, especially when starting out on your own, will be spent analyzing data. This includes compiling useful data like available listings, past sale prices, renovation costs, and more to help you make your investment decisions. 

 

  • Money management skills: Managing a real estate portfolio requires strong money management skills. Real estate investors will need to have the self-control to be able to reinvest profits back into the growth of the business instead of spending them on more immediate rewards.

 

  • Living in a desired location: If you plan on making investments in the city where you live, you’ll want to first evaluate the quality of the real estate market in your area. How long are properties staying on the market? Do you live in a popular residential neighborhood, or in a noisy area near the airport? While it is possible to make real estate investments outside of your area, this might be more difficult for you when you’re just starting out. 

 

  • Negotiation skills: Being a real estate investor involves near-constant negotiations. You will be negotiating the purchase of properties at a price that works for your business, and you’ll also be negotiating the sale of these properties that ensures you maximize your profits. 

 

  • Patience: Being a real estate investor requires a lot of patience! Acquiring properties, renovating them, and selling them do not happen overnight. Sometimes finding a deal that meets your criteria can take several months on its own. There can also be construction delays, market slow-downs, and other unforeseen obstacles that can slow down the process. Having patience during difficult times will help you become a successful real estate investor. 

 

If you feel like you do not already possess these skills, take time to self-reflect and determine if you could realistically develop them. 

2. Learn About Real Estate

Building up your real estate knowledge will help set up your investment business for success. The more you understand market trends, transaction processes, and property values, the better equipped you will be to run your business. 

Growing your knowledge can involve taking online courses, attending an in-person real estate course, or conducting your own research. How far you take your research before you begin establishing your real estate investment business is up to you. 

3. Network With Other Investors

A helpful way to learn how to become a real estate investor is to talk with other real estate investors. This can include picking their brain to help determine if this is the right career path for you, asking for advice on how to begin, or requesting constructive criticism of your investment strategy. The connections you make with other real estate investors could also be particularly useful down the line when you’re looking for someone to partner with. 

4. Determine Your Investment Strategy

Before establishing your investment strategy, ask yourself how much time and money you have to spend on this business. Will you be making high-risk or low-risk investment decisions? Will you be taking an active or passive role in the business? These factors will play a huge role in how you’re able to craft the direction of your real estate investment business. 

An important part of determining your investment strategy involves deciding whether you want to make long-term or short-term investments. Short-term projects would include purchasing a fixer-upper, renovating it, and selling it for a profit in a span of less than 6 months. Long-term projects could include buying an apartment complex, making any necessary renovations, renting it out, and collecting monthly income for several years. 

Another important part of your investment strategy is determining how much of the business you are going to handle yourself and how much outside help you want to take on. This includes conducting research, facilitating real estate transactions, taking on outside investments, and more. Handling all of the work yourself will take up more of your time, while outsourcing the work will use up more of your funds for the business. 

5. Learn How to Find Opportunities

After you’ve educated yourself on the real estate industry and determined your real estate investment strategy, it’s time to find properties to invest in. This is an exciting part of becoming a real estate investor in Michigan because it actually involves taking action and purchasing properties. 

Learning how to find real estate investment opportunities involves: 

  • Narrowing down your search based on what you’re looking for, whether it’s vacant land, multi-family properties, or a single-family fixer-upper
  • Running the numbers on how much your investment into the property would cost, including renovations, and what profit you would potentially earn
  • Negotiating the purchase of the deal like a pro!

 

Buying properties will also be a complex process full of successes, mistakes, and learning opportunities. 

Partner with Hometown Development for Real Estate Investment Opportunities in West Michigan

We hope this article taught you more about how to become a real estate investor in Michigan, and we wish you the best of luck as you take on this new endeavor! If you’re interested in investing in the West Michigan area, connect with our team for partnership opportunities.

The Benefits of Selling Your House During Divorce

Selling a house during a divorce can be a stressful and emotionally charged experience, but it’s important to understand the tax benefits that may be available to you. In Michigan, there are several tax benefits that can be gained from selling a house during a divorce, and it’s important to understand these so that you can make informed decisions about your financial future.

Know Your Real Estate Tax Basics

First, it’s important to understand the basics of how taxes on real estate sales work in Michigan. When you sell a property in Michigan, you are required to pay capital gains tax on the profit you make from the sale. The amount of tax you owe will depend on a number of factors, including how long you’ve owned the property, how much you’ve invested in it, and what the current market conditions are like.

However, there are some important tax benefits that can help mitigate the impact of selling a house during a divorce in Michigan. For example, if you’ve lived in the property for at least two years, you may be eligible for the exclusion of up to $250,000 in capital gains from your taxable income. This exclusion applies to single taxpayers and married couples who file joint returns, and it can provide significant relief from the tax burden associated with selling a property.

Are You Familiar With The 1031 Exchange?

Another important tax benefit to consider when selling a house during a divorce in Michigan is the 1031 exchange. This allows you to defer paying capital gains tax on the sale of your property by reinvesting the proceeds into a similar property. This can be a useful strategy for those who are looking to minimize their tax liability and preserve their wealth for the future.

In order to take advantage of these tax benefits, it’s important to work closely with a qualified tax professional. They can help you understand the tax implications of your divorce settlement and help you develop a plan to maximize your financial benefits.

In addition to these tax benefits, there are also some other financial considerations to keep in mind when selling a house during a divorce in Michigan. For example, it’s important to understand the value of the property, as well as the costs associated with selling it. This can help you make informed decisions about how to divide the proceeds of the sale, and how to use the funds to build a secure financial future.

It’s All About The Timing!

Another important consideration is the timing of the sale. If you are able to sell the property quickly, you may be able to minimize your tax liability and maximize your financial benefits. However, it’s important to work closely with your divorce attorney to determine the best course of action for your unique circumstances.

Finally, it’s important to remember that selling a house during a divorce can be a complex and emotional experience. It’s important to have a supportive team in place, including a qualified divorce attorney and tax professional, to help you navigate the process and make informed decisions about your financial future.

In Conclusion

Selling a house during a divorce in Michigan can be a stressful and emotional experience, but it’s important to understand the tax benefits that may be available to you. From the exclusion of up to $250,000 in capital gains to the 1031 exchange, there are several strategies that can help you minimize your tax liability and preserve your wealth for the future. Work closely with a qualified tax professional and divorce attorney to develop a plan that works best for you and your unique circumstances.

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