Selling To Lentine Funding vs. Listing With A Local MI Agent

Even in a seller’s market like MI, it’s smart to look at your options and see what will actually help you best reach your goals with the sale of your apartment building. While you may be able to get a higher “top line” sales price listing with a local Detroit agent, that doesn’t always boil down to more money in your pocket or less headache. Dive into the details below to compare your options. 

Selling w/ An Agent SOLD To Lentine Funding
Commissions / Fees: 6% on average is paid by you, the seller NONE
Who Pays Closing Costs?: 2% on average is paid by you, the seller NONE – We pay all costs
Inspection & Financing Contingency*: Yes, up to 15% of sales fall through NONE
Appraisal Needed: Yes, sale is often subject to appraisal NONE – We make cash offers
Average Days Until Sold: +/- 91 Days IMMEDIATE CASH OFFER
Number of Showings: It Depends 1 (Just Us)
Closing Date: 30-60 +/- days after accepting buyers offer The Date Of YOUR CHOICE
Who Pays For Repairs?: Negotiated During Inspection Period NONE – We pay for all repairs

Work The Numbers And See Which Way Helps You Get There…

When you really work the numbers you start to see the real benefits that each way of selling your MI apartment building offers.

Yes, here at Lentine Funding we won’t be able to offer you full retail value for your multifamily units… but we also offer other benefits that going the traditional real estate sale route can’t offer.

Like…

From offer to close and cash in your hand in as little as 7 days

You can get rid of the headache of that property fast and avoid paying any more utility payments, tax payments, insurance payments, mortgage payments, you get the drill. If you list your building and wait 90+ days to close… you have to figure in all of the costs of holding that property during the time you have that property listed and are waiting for the property to close.

Don’t worry about fixing anything up or cleaning your building again and again for buyer after buyer

We don’t care how dirty your apartment building is (we’ve seen worse!) or how many repairs are needed (a complete fixer? great! we love projects)... we’d like to make an offer on your multifamily property. This saves you time and money that you can keep in your pocket.

Don’t worry about paying those pesky closing fees (we’ve got you covered)

Because we are a full-service professional multifamily buyer here in MI, we make it easy for you. We pay for all of the closing costs. What we offer you is what you get (of course minus any mortgage payoff or other encumbrances on the property). Pretty refreshing eh?

So when you add up the time you could save by working with Lentine Funding, the no-hassle experience, and the money you’ll save on commissions, fees, and holding costs while you wait to sell the traditional route… for many area apartment owners selling to a professional multifamily buyer is the best viable option.

Is it for you?

See for yourself and get a fair all-cash offer on your apartment building today.

Just fill out the short form below or give us a call at 1-866-536-8463 and let’s chat! Our process is simple and you can close on the date of your choice. You have nothing to lose by getting an offer (no obligations – no pressure). But you could potentially lose thousands of dollars or months of your time by not testing us out and requesting your FREE building offer below. 

What Do You Have To Lose? Get Started Now...

We buy houses in ANY CONDITION in MI. There are no commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property or call 1-866-536-8463...
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*An inspection contingency lets the buyer have time to do an inspection and back out of the sale or negotiate a new price if there are repairs that need to be done. If you can’t come to an agreement with the buyer, the buyer has the right to back out of the sale. Similar, a financing contingency gives the buyer the wiggle room to back out of the purchase if they can’t obtain a loan or if the building doesn’t appraise for the value that the bank needs to close the loan.

Here at Lentine Funding we don’t use bank financing so you don’t have to worry about our ability to close on a deal.