If you live in a cold, Midwestern state like Michigan, selling your home the traditional way can be a stressful and expensive process. Not only should you wait to sell your home during warmer months, but you also have to clean and update your home for photos, list your property, cross your fingers that people come to an open house, negotiate offers, and hopefully close the deal. Fortunately, there is another, less stressful option: selling to companies that buy your house for cash in Michigan.
Reasons to sell to places that buy houses for cash
There are several reasons why some homeowners should consider selling their homes to a company that pays cash for houses.
Faster timelines
Your home could easily spend between 45 and 65 days on the market if you sell your house with a real estate agent. In fact, data from the Federal Reserve Bank of St Louis shows that as of October 2025, houses spent an average of 63 days on the market before selling.
Plus, according to recent research from Zillow, your house could sell for 5% less if it hasn’t sold within two months of being listed. So, if you’ve already purchased another house or you’re ready to move to a different, warmer part of the country, working with a company that buys houses for cash in Michigan can help you to sell your home in just a few days without the stress of open houses and price negotiations.
No need for repairs
If you sell a house through a real estate agent, it’s possible you’ll have to make substantial repairs both before listing your home and if an inspection finds further issues. Many sellers don’t want to spend thousands of dollars fixing up their home only to sell it.
When you work with a place that buys houses for cash, the company typically buys homes regardless of the condition of the house. If you haven’t made repairs to your house in a long time, or you inherited a house and you don’t want to fix it before selling, selling to a cash buyer can help.
Minimal paperwork
When you buy a house the traditional way, you have to fill out tons of paperwork. Usually, with a cash sale, the contract is much simpler, and you don’t need as many third-party approvals. When there is no bank or mortgage company involved, the process goes a lot faster, too. Many homeowners prefer this route because less paperwork means less stress.
No cleanup
Depending on the company, you can negotiate leaving furniture and other belongings in the house, which can be helpful if you are moving to another state or have inherited a property you no longer want. Make sure to ask your Michigan home buying company what you should leave and what you should remove before selling to them.
No holding costs
Another benefit of selling to a company that buys houses for cash is that you won’t have holding costs. Every month that your house doesn’t sell, you have to pay your mortgage, utilities, property taxes, insurance, and landscape or snow removal (if applicable). According to The Detroit Free Press, a recent study found that four Michigan cities have among the most expensive heat bills in the country. Selling to a cash home-buying company can help you avoid paying for extra utility costs, especially in the wintertime.
No realtor commissions
In Michigan, paying a realtor a 6% commission when you sell your house is typical. That could equal $15,000 on a $250,000 home. When you sell directly to a cash buyer, you don’t have to pay the realtor’s commission fee. That, coupled with no closing costs or repair costs, can save homeowners significant money and time.
Homeowners who benefit most from selling to a cash buyer
Here are the types of homeowners who typically benefit the most from researching places that buy houses for cash in Michigan.
Homeowners facing foreclosure
According to ATTOM data, the number of foreclosures in the United States has increased every month for the past eight months. If you’re facing foreclosure, selling your home to a cash buyer in Michigan can help you avoid having a foreclosure on your credit report.
People who inherited houses
If you’ve inherited a home, it can be a challenge to manage it, especially if you already have your own home. Selling an inherited home to a place that buys houses for cash can make the process much faster and reduce the stress and carrying costs of owning an additional house.
Homeowners who are moving out of state
If you are moving to a different state, you’re likely ready to sell your home quickly. If you want to move now because you’re either ready to leave or have bought another house, you probably don’t want to wait months for a buyer to come along. Selling to a company that pays cash for houses can help you get money for your home sale quicker, so you can move when you want to.
Retirees who are downsizing
If you’ve retired and want to downsize to a smaller space, selling a home to a cash buyer makes sense. This is especially true if you have significant repairs or don’t want to deal with the hassle of working with a real estate agent to sell your home.
Homeowners who need to complete major repairs
If you don’t want to pay to replace your roof, appliances, or HVAC unit, you will have better luck selling your house to a company that pays cash for houses. These companies typically purchase homes in any condition, so you won’t have to make costly repairs to list it.
Places that buy houses for cash
If you live in Michigan, Lakeshore Home Buyer buys houses for cash. Thus far, the team has purchased over 600 houses and has over six years of experience. Lakeshore Home Buyer earns 4.8 out of 5 stars after nearly 50 Google reviews, and many customers commented on how easy the process was.
If you’re curious how the process works with a company like Lakeshore Home Buyer, there are a few steps to take.
How the cash home-buying process works
Step 1: Reach out to a cash home-buying company
First, reach out to a cash home buying company like Lakeshore Home Buyer. Do your due diligence and make sure that the company you work with has excellent reviews and experience buying houses.
Step 2: Schedule a walk-through
Once you’ve selected a company, schedule a walk-through. Remember, your house does not have to be in perfect condition to schedule a walk-through. The cash home buying company is not a home appraiser, so your home does not have to be entirely up to date.
Step 3: Receive a cash offer
If the company wants to purchase your house, they will make you a cash offer. You can decide whether or not to accept, reject, or counter the offer. Lakeshore Home Buyer, for example, will give you a no-obligation cash offer within 24 hours.
Step 4: Close as soon as 7 days
Unlike the traditional home-selling process, you can close in as few as 7 days when you work with a cash home buying company. Schedule your closing at a time that works for you and receive a check for your home that day.
Frequently asked questions (FAQs)
Here are some frequently asked questions about selling your house for cash in Michigan.
Will I get more money if I sell a house through a Realtor?
You might sell your house for a higher selling price if you work with a real estate agent and go through the traditional home-selling process. However, you will also have to pay Realtor fees, closing costs, and carrying costs. So, consider both options and the mental stress of selling a home when deciding which is best for you.
How fast can I close on my home with a cash home-buying company?
Depending on the company, homeowners can typically close within one to two weeks with a cash home-buying company. That’s because no mortgage lender has to be at closing. Normally, the mortgage companies cause delays due to underwriting timelines or financing delays. With a cash home-buying company, it’s much faster.
What are the fees to sell my home to a cash home-buying company?
Each cash home buying company is different. Many of them do not charge the same fees that you would pay during the traditional home-selling process with a real estate agent. Before signing an offer, ask for a full breakdown of the costs and fees.
How do I tell if a cash home-buying company is legitimate?
To find a legitimate cash home-buying company, choose one that has been in business for several years. Also, check to see if they’re registered with the Better Business Bureau and read Google reviews from real customers who have worked with the company. Also, remember that a trustworthy company will always be upfront and answer questions. Communication with the company should be transparent and honest.
