Where can I find a realtor to purchase a home in Detroit in lieu of selling.?

Owner has moved out of state and purchased another home there. With the ecomony the way it is, we are considering a realtor purchasing the home for us in lieu of continuing two mortgages and just consider it over with. Is this duable? House is in excellent condition but can't wait forever for it to sell. Anyone have any experience with this IN Detroit- or a referral for me? Thanks in advance.

Answer:
There are places that will buy your home if it does not sell within 90 days I think. Look for their ads, read the fine print.
on line, try yahoo real estate.
I'm not sure I understand your question. You have a house in Detroit that you need to sell? Then you need to list it with a realtor. Realtors do not buy homes, they market them for you to get them sold. If you want I can make a referral for you to an agent that handles your area. send me your information donna.3drealtygroup@yahoo.com
http://www.realestateagentlive.com/.
http://www.realestateforsaleincolorado.c.
Good article when you want to put in bid, negotiation.
http://biz.yahoo.com/brn/060909/19463.ht.

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If seller sells fast, there are benefits.

Not sure if this would help. Usually, a housing market correction last for years. It is unlikely things will brighten up in a few months, afterall, this bubble took 5 years for form.

It might be better to give some discount so you unload the house quickly and can use the gain of the home to make money elsewhere quickly. At the same time, you will save money by not paying mortgage for the next 5 months.

For example, if mortgage is $2500/mo. and you have $300,000 gain sitting in the house, by selling it now rather than 5 months later will save you $12500. It will also earn you as much as $7000 from interests (Assuming CD are paying 5.5% or higher).

Total financial benefit for selling early would be $20,000. I would give buyer some discount just because of that.

Finally, keeping a house in selling condition is a lot of work. If your realtor does staging, it costs extra to rent furnitures. If you are living in the unit, it takes extra effort to keep it clean. So, sell it fast!


http://money.cnn.com/2006/09/08/real_est.
http://money.cnn.com/2006/09/05/real_est.

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