How to Find a Cash Buyer

There are many benefits to finding a cash buyer for your Michigan home. Best of all, there is no waiting through the mortgage underwriting process (which can sometimes take months), and no chance your buyer will be rejected – leaving you to start over. So, how do you find a cash buyer in the sea of real estate shoppers? 

Well, at Mitten Made Properties, we’ve been buying and selling Metro Detroit real estate for many years. As a professional home buyer, we can make you a fair cash offer on your home, buy it as-is, and close in as little as two weeks. We’ll even pay all closing costs!

Now, we know that our service isn’t a fit for everyone. Some people prefer to go it alone and find their own cash buyer. 

So here are some tips to get you started!

Attend Foreclosure Auctions 

At a foreclosure auction, the property typically has to be purchased sight-unseen for cash. That means that the people who attend a foreclosure auction probably have a lot of cash on hand and are looking for local real estate deals. By attending, you can meet some of those people and tell them about the house you’re trying to sell!

Reach Out to Friends and Family 

Maybe there’s someone in your immediate network (or a friend-of-a-friend) who’d be interested in purchasing your house for cash. Won’t know unless you ask!

Contact a Hard Money Lender 

Hard money lenders work with a lot of real estate investors. And if you call and ask for a referral, they’ll likely provide one because it’s a win for them if the investor uses their money to purchase your Southeast Michigan property. 

Hope that helps!

And if you want to learn more about the homebuying service we provide here at Mitten Made Properties, give us a call at (248) 883-3340 — we’re happy to walk you through the details. 

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