FSBO’s have become increasingly popular for property owners who are willing to do a little more work themselves, in order to avoid paying high commissions to real estate agents. However, at least in the current Michigan market, finding buyers is not easy at all. Many property owners think that they can put a sign in the front yard, sit back and wait for the phone or the doorbell to start ringing. In some areas, that sort of thing does happen. It really depends on whether the property is in a ”sellers market” or a ”buyers market” — and more importantly, what the sign says.

Portland, Michigan homes for sale by owner. The opposite situation is what you will find in most of Michigan. There are numerous properties for sale and many potential buyers. In this situation, the buyer has a bit of an advantage of course; more homes to choose from, better terms, etc.The sellers ultimate goal is to get the property off of the market, usually as quickly as possible. Here’s where unique strategies come into play in the current Michigan market. Offering your home on a lease option basis will help you find buyers more quickly because you will open your home to a much larger pool of buyers.

Portland, Michigan homes for sale by owner range in price from the low $100′s to the high $200′s. About 25 miles northwest of Lansing, the city of Portland is bordered by Portland Township, but is politically independent, meaning property owners in the city do not pay taxes to the township. The downtown historic district has been well preserved. So, too, have the famous ”Portland bridges”, a total of four metal truss bridges preserved either in their original locations or relocated for foot traffic on walking trails crossing the Flat, Looking Glass and Grand Rivers. It is a beautiful city with a historic ”small-town” feel.

Property values in many areas have suffered from the economic problems throughout the state. Buyers, again, have the advantage, since values should recover and increase in the years to come. It’s a great time to sell your home on terms to ensure a faster sale, and a great time to stop wasting money on rent, buy a home on lease option, and repair your credit with the assistance of experienced Michigan real estate investors.