In general, the likelihood of leasing a property is more than selling it for cash. Do you know why? Well, the idea of turning an abandoned house into a source of income sounds better than investing money and time to sell it. After all, who does not like to have extra money, especially during this never-ending pandemic situation? The COVID-19 pandemic has taken a toll on the emotional and financial conditions of people across the globe.
Detroit Cash For Homes is the leading Livonia estate home buyer. We deal with homeowners who have various home-related problems. With more than three decades of experience in the real estate industry, we can help you make the right choice.
- Choosing between selling and leasing a house in Livonia
Keeping in mind the current situation, we understand the importance of having another way to earn money. Most people think that if they rent their house, they can meet their daily needs or have savings. But in some cases, doing this can cost them more money in the long run. It means they end up spending more money than they make.
Let us look at one of our client’s cases for better understanding:
James Williams, a resident of Livonia, had a second house, which he inherited from his father. Mr. and Mrs. Williams are retired. It was becoming difficult for them to deal with regular maintenance. So they decided to rent it out to create an extra source of income.
As they discussed this with their children and close friends, they explained the reality of being a landlord. It comes with a lot of responsibilities. In addition to this, it is not easy to find good tenants. They might fail to pay rent on time or create a mess in the house. Also, the landlord has to meet their needs even in the middle of the night. Therefore, selling it for cash is a better option.
But Mr. and Mrs. Williams did not want to go through the hassle of home improvements by listing it on the open market and spend their hard-earned money. One of their friends referred to Detroit Cash For Homes and explained how we buy houses in any condition in Livonia.
- Skip repairs and renovations and sell a home to Detroit Cash For Homes
Mr. James Williams called our office and scheduled a next-day appointment. Since we work directly with sellers, we are easily accessible. He discussed his home situation with our representative and we took proactive steps to start preparing for the sale. Our professionals evaluated the property and made a fair cash offer within 24 hours of their visit to the house. Depending on the day Mr. Williams chose, we closed the deal in 12 days and immediately transferred the cash into their bank account.
Our home selling process is fast and stress-free. We buy houses in Livonia as-is without repairs and renovations and other time-consuming processes. Thus, by partnering with us, you save both money and time. Also, we do not charge any commissions and closing costs.
If you want to sell your home fast for cash in Livonia without dealing with any hassles, Detroit Cash For Homes has got you covered. We buy houses in Livonia in all cash, so you do not have to wait long.