Buy real estate, sell your home, or transfer the title deed to another person with these Real Estate Forms for the State of Michigan.
The "For Sale by Owner" market in Michigan keeps on growing. Many property owners prefer to try to sell their homes themselves and not have to pay the broker commission. Before you list your home for sale, make sure you know what the current local market conditions are, including:
the listing and selling prices of comparable homes in your area over the past 6 months,
the listing prices of comparable properties that are currently listed,
the listing prices of properties that were listed for sale but did not sell.
Make sure any potential purchasers have qualified for a mortgage loan, or have the cash resources to pay the asking price. If the sale is conditioned on them selling their current home, find out how long it's been listed and what their asking price is.