There Is More Than One Way to Sell a Property.
Whether you're facing a deadline, relocating, inheriting a property, dealing with repairs, managing a rental you no longer want, or simply ready for a fresh start, Terms Real Estate helps you compare practical ways forward.
Confidential Property Review
Tell us about your property for a tailored evaluation.
Choose Your Selling Path
We do not believe one transaction model fits all properties. Compare your choices below or select an option to prefill your confidential review above:
Not Sure — Compare My Options
Unsure which path fits best? We analyze your equity, timeline, and property condition side-by-side to identify your highest net return.
Traditional MLS Listing
List on the open market through licensed real estate agents when you have time, standard retail condition, and want maximum public exposure.
Direct Cash / As-Is Sale
A guaranteed direct cash purchase with private capital. No bank loan approvals, no appraisals, zero cleanout work, and closing in days.
Subject-To
We purchase your property subject to the existing financing, taking over monthly mortgage payments via an independent third-party loan servicer.
Seller Financing
You act as the bank, receiving monthly principal and interest installment payments secured by a recorded mortgage or deed of trust.
Novation / Structured Retail Sale
We fund and coordinate value-add aesthetic renovations to achieve peak retail price on the MLS, while guaranteeing your target net equity.
Lease-Option
Lease the property to a vetted buyer with an agreed-upon purchase option, collecting steady monthly premium rent while locking in future sales proceeds.
What Situation Are You In?
Your circumstances explain why you need to sell. Review specific guidance, statutory protections, and local Michigan resources tailored to your situation:
Facing Foreclosure
Mortgage payment arrears, sheriff-sale auction dates, or statutory redemption timelines. Understand your legal rights and preserve equity before deadlines expire.
Ready for a Fresh Start
Moving away, downsizing, relocating for a job, life changes, or simply ready to leave the property behind. Sell smoothly on your own schedule without staging or stress.
Inherited a Property
Probate administration, inherited homes, co-heir coordination, or unwanted family property. Liquidate without out-of-pocket holding costs or cleanout labor.
Needs Major Repairs
Deferred maintenance, foundation settling, roof leaks, mold, or municipal code violations. Sell in strict as-is condition without paying for contractor repairs.
Tired of Being a Landlord
Rental headaches, non-paying tenants, municipal rental inspections, or maintenance fatigue. Sell with tenants in place or convert to hands-off seller financing.
Low Equity / High Mortgage
Owing what the home is worth makes an agent sale costly. Subject-To debt assumptions allow you to transfer the property without bringing cash to closing.
I Just Want to Sell — No Crisis Required
You don't need an urgent problem to work with us. If you simply want to understand your property's value and compare options, we are happy to help.
Sometimes the Property Isn’t the Problem. Life Changed.
You do not need to be in foreclosure or financial distress to speak with us. Many homeowners simply reach a point where life moves in a new direction: moving to another city or state, downsizing after children move out, career changes, simplifying financial obligations, or starting over somewhere new.
How We Help Evaluate Your Next Move
- Net Proceeds Comparison: We run side-by-side estimates comparing retail MLS sale versus direct purchase after accounting for repairs, fees, and time.
- Flexible Closing Dates: Need 30, 60, or 90 days to locate your next home? We coordinate the closing to match your relocation schedule.
- No Cleanout Requirement: Pack the keepsakes you cherish, and leave unwanted items behind for our team to handle.
Our 3-Step Review & Closing Process
Clear milestones, professional title governance, and no surprise contingencies.
Property Review & Title Verification
We review property records, verify municipal property tax balances, evaluate debt-to-value, and review recent neighborhood sales to establish a realistic baseline.
Clear Option Comparison
We formulate multiple clear paths: a straightforward direct purchase, or creative structures (Subject-To payment assumption, seller financing, novation) engineered to fit your timeline and financial goals.
Licensed Title Closing & Settlement
Transactions are executed through bonded, licensed Michigan title agencies. Valid liens and encumbrances are cleanly resolved at escrow, documents are recorded, and settlement proceeds are distributed securely via wire.
Terms Real Estate vs. Traditional Brokerage Listing
Understanding differences in speed, repair expectations, and fee structures.
| Key Factor | Terms Real Estate Direct | Traditional Brokerage Listing |
|---|---|---|
| Brokerage Commission | 0% (Zero Broker Commissions) | Typically 5% to 6% plus administrative fees |
| Repairs & Cleanout | Strict As-Is (Leave unwanted items) | Homeowner typically repairs or credits buyers for bank loan approval |
| Closing Timeline | Typically 7 to 30 days depending on title | Typically 45 to 90+ days (Buyer mortgage contingencies) |
| Showings & Open Houses | Private evaluation, zero public tours | Frequent open houses, lockbox visits, and staging demands |
| Closing Fees | Standard title & escrow fees typically covered | Split between buyer and seller per custom contract |
Questions Michigan Sellers Ask Us
Ready to Compare Your Property's Options?
Get an honest, confidential review of your situation. No pressure, no aggressive sales tactics—just experienced, practical guidance.