We Buy Houses Sterling Heights: Top 5 Companies
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Joseph Gordon EditorJoseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
If you’re looking to sell your Michigan home fast, you may have considered partnering with “We Buy Houses” Sterling Heights companies and securing an instant cash offer. A cash sale can be a lifesaver for those struggling with the threat of foreclosure, relocating for a new job, or downsizing and moving into a retirement home.
In this post, we’ll explore the pros and cons of selling your Sterling Heights home to a cash-for-homes company. We’ll show you how the process works and provide you with other options to sell your home in a few days rather than several months.
Sell Your House Fast in Sterling Heights With a Cash Offer
Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses. Available to sellers throughout Sterling Heights.
Working with house-buying companies in Sterling Heights
Partnering with a We Buy Houses company isn’t complicated, but there are a few steps to the transaction before you can get paid. Here’s an overview of the process of selling a house for cash:
- Find a local company: Contact a reputable house-buying company in Sterling Heights and provide them with basic information about your property.
- Schedule a home visit: The company will set up a time to visit your home and assess its condition. This evaluation helps them determine their offer.
- Receive an offer: After the assessment, the company will present you with a no-obligation, all-cash offer for your home.
- Review and accept: Take the time to review the offer. If you agree with the terms, you can accept them and proceed with the sale.
- Sign the contract: Once you accept the offer, you’ll sign a purchase agreement to officially start the selling process.
- Close the sale: The company will handle the closing details, and you’ll receive your payment, often within a week or two, sometimes less.
Popular We Buy Houses for Cash companies in Sterling Heights
If the process of selling to a house-buying company in Sterling Heights sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some of the top companies that will pay cash for your or your parents’ property, whether that’s a Colonial or a ranch home. By selling to one of these companies, you should be able to sell your Sterling Heights home in as little as a week or two.
Cash For Michigan Houses
Cash For Michigan Houses is a dedicated group of property investors committed to removing the stress and uncertainty often associated with selling a home. They prioritize the specific needs of Michigan homeowners, offering tailored solutions that address each individual’s circumstances.
When selling directly makes the most sense, they purchase properties in any condition at a fair price and finalize transactions quickly.
Locations: Throughout Michigan, including Sterling Heights
Closing costs: Sellers pay no closing costs; Cash for Michigan Houses covers them.
Although not accredited by the Better Business Bureau (BBB), Cash for Michigan Houses earned an A+ rating from the organization. Its Google Business Profile has a 4.5-star rating based on a limited number of reviews.
Clients highly regard the company for its efficient approach, fair offers, and customer service. They commend the representatives’ professionalism and helpfulness, making the experience refreshing and worthwhile even for those who do not end up selling their homes.
Website: cashformichiganhouses.com
Phone number: 810-309-9371
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Sterling Heights (and across the country) can request a cash offer for their home. It connects you to one of the largest networks of cash buyers in the U.S.
Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. This enables Simple Sale to provide cash offers for a wide array of properties, even those that need some or a lot of work, in different locations throughout Sterling Heights.
With Simple Sale, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 10 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Sterling Heights.
Closing costs: No prep costs, agent commissions, or fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a platform by HomeLight, a real estate solutions company founded in 2012. Given its strong focus on excellent customer service, it received BBB accreditation in 2019 and now proudly maintains an A+ rating. The company has 4.8 stars on Google based on hundreds of user reviews.
Below, you can hear about how Baohan Wu, a seller who used Simple Sale to sell his high-rise apartment, closed within three and a half weeks, and what he thought of the process overall.
Website: homelight.com/simple
Phone: 844-488-8455
Blue Moon Acquisitions
Blue Moon Acquisitions is a local Michigan homebuyer that makes selling houses simple and fast. By partnering with the company, homeowners skip the middlemen, costly repairs, and agent fees, giving them a fair cash offer with no extra hassle.
Whether a seller is facing a difficult situation or simply needs to sell quickly, Blue Moon Acquisitions works closely with them to ensure a smooth and flexible process. Without the delays of financing or drawn-out negotiations, homeowners can move forward on their terms with confidence.
Locations: Throughout Michigan, including Sterling Heights
Closing costs: Sellers pay no closing costs; Blue Moon Acquisitions covers them.
Known for its integrity, Blue Moon Acquisitions has been BBB accredited since 2022 and currently holds an A+ rating. It has 4.5 stars on Google, with many reviewers praising the staff for the quick process and for providing helpful insights and options, making the selling decision easier for clients. Some commend the staff’s ability to handle title issues promptly and without additional costs.
Website: sellsoonbluemoon.com
Phone number: 586-600-7157
Steve Moves Detroit
Steve Moves Detroit focuses on speed, fairness, and flexibility when buying homes. From the first point of contact, the team works to provide a competitive, all-cash offer, often within 24 hours.
Sellers choose their closing date, and the company handles everything, regardless of the property’s condition or occupancy. With no need for bank financing, Steve Moves Detroit can typically close in seven days or less.
Locations: Metro Detroit, including Sterling Heights
Closing costs: Sellers pay no closing costs; Steve Moves Michigan covers them.
While not BBB accredited, Steve Moves Detroit secured a high A+ rating from the bureau. On Google, it earned an average score of 5 stars based on a limited number of reviews.
Clients highlight the company’s exceptional service, as the representatives were very helpful, knowledgeable, and patient. They commend the integrity in the business and its mission statement, which aligns with their values and expectations.
Website: stevemovesmichigan.com
Phone number: 248-229-6366
M1 Home Buyers
M1 Home Buyers is a West Bloomfield-based real estate solutions company committed to helping homeowners navigate challenging property situations. As a family-owned business, they take a personalized approach to assisting those facing foreclosure, probate, relocation, divorce, or difficulty selling their home.
With a strong focus on flexibility and service, M1 Home Buyers provides cash offers within 24 to 48 hours. Sellers are given the freedom to choose a closing date that best fits their schedule.
Locations: Metro Detroit, including Sterling Heights
Closing costs: Sellers pay no closing costs; M1 Home Buyers covers them.
M1 Home Buyers has been BBB accredited since 2025 and currently holds an A+ rating. Its Google Business Profile has a perfect review score of 5 stars, as customers rave about their experience working with the team and describe the home-selling process as smooth, fast, and refreshingly easy.
Many appreciate the fair offers, especially compared to other companies, and the genuine care shown throughout the transaction. The team’s responsiveness, flexibility, and supportive approach have left a lasting impression.
Website: m1homebuyers.com
Phone number: 248-397-5800
Why sell your Sterling Heights house for cash?
If you’ve ever sold your home through the traditional real estate market, you know the process can drag on for months, and there’s no guarantee of a sale. But when you sell to a We Buy Houses company, you’re looking at a guaranteed sale in just a matter of days. Speed, convenience, and certainty are the top reasons many homeowners choose to work with a cash-for-homes firm.
In Sterling Heights, selling a home on the open market using an agent typically takes around 58 days. That includes an average of 18 days on the market, from listing to signed contract, plus the typical 40 days a buyer needs to close on a purchase loan.
Compare that to the typical seven to 10 days promised by many house-buying companies in Sterling Heights, and it’s clear why these Cash-For-Homes groups are an attractive option, even though they don’t always offer top dollar for the homes they purchase.
Selling your Sterling Heights house for cash can be an attractive option, especially if you’re dealing with unique circumstances that make a traditional sale difficult. Here are some common scenarios where choosing a house-buying company might be a fitting solution:
- Job relocation: You need to sell quickly to move for a new job opportunity.
- Divorce settlement: Simplify asset division in a divorce process by selling your home swiftly to a house-buying company.
- Inherited property: Quickly selling an inherited house can alleviate the stress of its maintenance and taxes.
- Downsizing transition: Fund your move to a smaller, more manageable home with an instant cash offer from a cash-for-homes firm.
- Extensive repairs: Your home is in poor condition and needs significant repairs that you can’t afford or don’t want to handle.
- Open house stress: Skip the inconvenience and intrusion of staging and holding open houses.
- Foundation issues: Sell a home with serious foundation problems that might deter traditional buyers.
- Foreclosure solution: Avoid foreclosure by selling your home quickly to settle debts.
- Problem tenants: Relieve yourself of the headaches of managing tenants by selling your rental property.
- Remote home sale: Manage a property sale from out of state with the ease of a cash transaction and avoid the need to travel back and forth.
Pros and cons of house-buying companies in Sterling Heights
Selling your house to a house-buying company in Sterling Heights has ups and downs. Here are some of the main pros and cons to be aware of:
Pros
Working with a house-buying company offers significant benefits, including the speed of the transaction and the ability to sell your home in any condition without needing repairs or preparations:
- Quick sale: House-buying companies can close in as little as a week, allowing you to move on swiftly.
- No repairs: Sell your house as-is without investing in costly repairs or upgrades.
- No showings or open houses: Skip the hassle of staging and holding open houses.
- Guaranteed deal: Avoid deals falling through due to contingencies or financing issues.
Cons
While house-buying companies offer convenience, the most significant drawback is that they typically offer you below-market-value for your home compared to selling with an experienced real estate agent. Here are the key cons:
- Lower offers: Expect to receive less than market value for your home as house-buying companies aim to boost profits in their purchase.
- Scam risks: Be aware of the risk of house-buying scams in the cash-for-homes industry.
- Less competitive market: You miss out on multiple offers or bidding wars that can increase your home’s price.
- Limited negotiation: House-buying companies usually present take-it-or-leave-it offers with little room for negotiation.
Curious What Your Home Is Worth?
Get a near-instant real estate house price estimate from HomeLight for free. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes.
Vet cash buyers and know your home’s worth
When working with a house-buying company in Sterling Heights, it’s essential to ensure you’re dealing with a reputable and trustworthy buyer. Here’s how to vet cash buyers and know your home’s worth:
- Check reviews: Look up the company online and read reviews from previous sellers to gauge their experiences. The testimonials on the company’s website and third-party platforms will help you understand the level of service and satisfaction the company provides.
- Research the market: Investigate the company’s presence and performance in the Sterling Heights real estate market.
- Read the agreement: Carefully review the buying agreement to ensure you understand all terms before signing.
Consult with an experienced local agent to get a better idea of what your home might be worth if sold on the open market. Then, compare your cash offer.
HomeLight can connect you with a top-performing agent in your market. You can also try our Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Sterling Heights home quickly
Working with iBuyers
Instant buyers, or iBuyers, use automated valuation models to provide near-instant home value estimates. They offer all-cash deals, often closer to market value, for homes in good condition. The process is quick, typically closing in a few days to two weeks.
However, Companies like Opendoor and Offerpad charge service fees of 5% to 6% of the home’s sale price. This option suits sellers with homes in relatively good condition in homogeneous housing markets.
Listing with an agent
Listing with a top real estate agent can result in a fast sale, especially in a seller-friendly market. The top 5% of agents can yield the highest selling price, 10% more than average agents.
You’ll also get a comparative market analysis (CMA), which evaluates your home’s value based on similar properties. Many agents provide a CMA for free. An experienced agent might even connect you with buyers offering cash closer to market value. If you’re interested in this option, HomeLight can connect you with a top-performing real estate agent in your area today.
FAQs on Sterling Heights house-buying companies
By and large, most We Buy Houses for Cash companies in Sterling Heights are legitimate businesses. Their services and transaction fees may differ, but the business model has been around for decades. If you use an established group with a track record, you can be fairly confident that it’s legit.
That said, as with any financial transaction, it’s a good idea to be on the alert for scams. Always research companies before you sign a contract. Check customer reviews, look at their online presence, verify professional licenses, get a referral if possible, and vet the company on the BBB website. Watch for anything that just doesn’t seem right.
Most Sterling Heights We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value (ARV) minus their estimated repair costs.
Here’s an example of what a simplified formula might look like:
(Your home’s ARV x .70) – repair costs
To see how this might work in a real-world scenario, let’s take a look at an example offer equation. Let’s say your Sterling Heights colonial home could sell for $310,000 after repairs, but it will need $25,000 of work to get there.
($310,000 x .70) – $25,000 = $192,000
In this example, a Sterling Heights We Buy Houses company might offer you around $192,000 for your home.
However, different types of house-buying companies will offer varying amounts for homes. As mentioned previously, iBuyers tend to pay more than We Buy Houses companies because they look for homes in better condition. An iBuyer might pay you 90% or more of the market value while charging a fee for their services.
When you accept an offer from a Sterling Heights We Buy Houses for Cash company, you will likely be coming to grips with a double-edged sword. On the one side, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once it is accepted. Conversely, you’ll likely get less money overall for your home.
Because We Buy Houses for Cash companies tend to focus on distressed homes, they typically have zero fees. Many will even cover your closing costs. In most cases, this means that the cash offer you receive will be the price you walk away with at the end of the deal. Of course, asking the company if any hidden program fees might impact your bottom line is always a good idea.
- Research and vet the house-buying companies that serve your Sterling Heights area. Our list above is a good place to start.
- Submit offer requests to a few companies you like best.
- Schedule any required on-site property visits.
- Compare offers. Weigh the pros and cons and choose the best option for you.
- Close the sale in a week to 30 days and get paid. (Some companies will let you choose a closing date up to 90 days after accepting the offer, which can be helpful when planning a move.)
We Buy Houses for Cash in Sterling Heights vs. top Sterling Heights agent
Another helpful exercise is to compare how a We Buy Houses for Cash company might stack up against working with a real estate agent. Let’s take a glance at how different aspects of the sale might look and compare possible proceeds.
| Aspect of the sale | Sell to a We Buy Houses for Cash company in Sterling Heights | Sell with a top Realtor in Sterling Heights |
| Selling timeline | 7 to 30 days | 58 days average; 18 to attract an offer, 40 to close the loan |
| Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, and stage the home |
| Showings | None | 10 to 25 showings on average |
| Inspections / repairs | None | May need to make additional repairs for the buyer or renegotiate the price |
| Appraisal | None | May need to lower your asking price if the appraisal comes in low |
| Title search | Cash-For-Homes companies often handle title issues | Must clear the title before you can sell the home |
| Financing contingency | None | Mortgaged buyers use a financing contingency that could hold up the deal if the buyer’s loan doesn’t clear |
| Agent commission | None | 3% to 6% of the home’s sale price |
| Closing costs | None | 1% to 3% of the home’s sale price on top of the agent’s commission |
Example net proceeds
Below, we’ve compiled one example of how net proceeds may differ between selling a home to a We Buy Houses for Cash company and an agent-assisted sale.
Let’s say your home in Sterling Heights is worth about $285,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $310,000.
| Sell to a We Buy Houses for Cash company in Sterling Heights | Sell with a top Realtor in Sterling Heights | |
| Estimated sale price | ($310,000 x .70) – $25,000 = $192,000 | $285,000 |
| Market preparations | 0 | $2,850 (1% of the sale price) |
| Agent commissions | 0 | $8,550 (3% of the sale price) |
| Closing costs | 0 | $4,275 (1.5% of the sale price) |
| Estimated take-home for seller | $192,000 | $269,325 |
As this example illustrates, it’s usually in your best financial interest to partner with an experienced real estate agent.
However, net proceeds are not the only consideration when selling a home. What’s best for your situation will depend on the condition of your property, the level of repairs needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent’s timeline might not fit your immediate needs.
Key takeaways
- Quick sales: House-buying companies in Sterling Heights can close deals in as little as a week, providing fast cash.
- No repairs needed: Sell your home as-is without investing in costly repairs or upgrades.
- Convenient transaction: Avoid the hassle of staging, open houses, and lengthy negotiations.
- Lower offers: Expect offers below market value compared to traditional real estate sales.
- Limited negotiation: Most house-buying companies present take-it-or-leave-it offers.
- Due diligence: Be vigilant and thoroughly vet any house-buying company you consider.
- Home value: Know your property’s estimated market value before you proceed with a cash-offer company.
At HomeLight, we’re happy to help you navigate your real estate journey. Let us help you make an informed and confident decision, whether you’re looking for a no-obligation cash offer through a trusted platform like Simple Sale or seeking to consult with a top Sterling Heights agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Sterling Heights area “We Buy Houses” companies are not endorsements. Moreover, the program details mentioned above may change. Visit the home-buying company’s website for the most up-to-date information.
Header Image Source: (Ronnie George/ Unsplash)
At HomeLight, our vision is a world where every real estate transaction is simple, certain, and satisfying. Therefore, we promote strict editorial integrity in each of our posts.
