Frequently asked questions
Hometown Development asks for basic information about your Michigan home or property, then we provide you with a fair cash offer within 24 hours. If you accept the offer, we handle the paperwork and set a closing date based on what best meets your needs. We pay cash for the house or property at closing with no hidden fees.
Our team of real estate experts look at the current market for your specific city and neighborhood and pull comps for houses similar to your property. Once we have a value estimate based on comps, then we factor in the amount of repairs needed to your house. This results in our offer price. We make a fair cash offer based on the value of your home right now, with no repairs or updates.
While a real estate agent only lists the property and tries to find buyers, we are the actual buyer for your home . When you sell your Michigan house to us, you don’t need an agent. You won’t pay a commission or other fees that you would have to pay with a real estate agent.
When you request an offer from us and we provide you with a fair offer within 24 hours of your request, you are not obligated to accept the offer. You can request an offer even if you aren’t sure you are ready to sell your house yet.
Yes, you can sell your home if you still owe the bank. You can oftentimes still sell your home if you owe the bank more than your house is worth, and walk away by paying zero costs out of pocket. This is called a Short Sale, which our experienced team members can help you with. We will take care of all of the paperwork to keep it as hassle free as possible for you.
Yes, you can sell a house even if you live out of state. Many times, this happens when a person inherits a property or when a property owner moves out of state. We have purchased many properties from out of state owners. We will work with our title agency to prepare of the paperwork for the sale of your house. Our title agency will then send a mobile notary to meet you wherever you are in the country to sign closing documents. Once signed, our title agency will overnight your proceeds check to you or send you a wire transfer (your choice).
Because we are cash house buyers, we can buy your Michigan home in as little as five business days. We have purchased many homes and know the routine well. We’ll take care of the paperwork and can get everything ready in less than a week for closing. If you would like more time, we are flexible and can wait until you have everything ready for closing.
Hometown Development is a professional cash house buyer. We have the money readily available to purchase properties as they become available. Buying homes throughout West Michigan is our business, which is why you can trust us to complete this transaction with your home in a timely manner and with less stress.
Once we have seen your property and have the information we need to make an offer, we guarantee an offer within 24 hours. If we fail to meet that guarantee, we will pay you $100.
We are not frightened off by older, outdated properties or those that need some repairs or even major renovations. Traditional real estate agents often want a house that is move-in ready. Your home could sit on the market for weeks or months if it isn’t competitive with other properties. You won’t have this problem with a cash buyer because they choose homes that others overlook.
Another reason to work with a cash home buyer is because you can close when it works best for you. Traditional buyers often get financing and must wait for the lender to complete the paperwork and other requirements. A cash buyer generally has the money on hand, which means they can close quickly if you need them to. They can also wait longer if you need more time to find another place to live or to get moved out.
Another benefit with a cash buyer is you don’t need to make repairs to pass an inspection or even to pass code. Cash buyers don’t answer to lenders who often require more to ensure the house is livable and up to code. They can make the purchase and have the work done afterwards, which means you don’t have the expense of fixing up a home you don’t plan to live in. You also don’t have to pay commissions for a real estate agent, allowing you to save money. When you figure in the costs of updating, repairing, and paying commissions, you really aren’t taking less with a cash buyer for your property.