What makes fixer-upper sales in Bloomfield Hills different?

Luxury-market buyers expect perfection and financing can be tougher, so fixer-uppers need targeted positioning to investors, builders, and value-focused buyers. Michael prices for condition, markets the lot, location and bones, and provides renovation budgets so buyers can see the upside.

How fast can a fixer-upper sell with the right strategy?

With investor outreach, clear scopes and strategic pricing, Michael’s fixer-upper listings average ~27 days to contract—far faster than typical ‘as-is’ listings—because qualified buyers are engaged on day one.

How does pricing work for homes that need major repairs?

Pricing is anchored to land value, structural value, and verified renovation costs. Michael uses contractor estimates and post-renovation comps to set a price that attracts multiple offers without leaving money on the table.

Who are the best buyers for Bloomfield Hills fixer-uppers?

Cash investors seeking 20%+ returns, custom builders pursuing premium lots near schools and clubs, experienced DIY buyers, and families trading sweat equity for a Bloomfield Hills address.

Can creative deal structures help when the property won’t finance?

Yes. Michael regularly uses cash investors, hard-money or renovation loans, seller credits, lease-purchase, and selective seller financing to widen the buyer pool and keep deals moving.

What disclosures are required for a fixer-upper?

Michigan’s seller disclosure is still required, and for older homes Michael packages inspections, known issues, and any environmental concerns up front to build buyer confidence and reduce retrades.

How does Michael reduce legal risk for sellers?

Clear ‘as-is’ language, thorough documentation, short due-diligence periods, larger earnest money, and photo records of pre-sale condition—all coordinated with trusted title and legal partners.

Should we invest in repairs or sell ‘as-is’?

If repairs are cosmetic and quick, small updates can lift price; if structural/mechanical work is extensive, selling ‘as-is’ to cash buyers is often faster and nets more after holding costs. Michael models both paths before you decide.

What staging or prep helps a fixer-upper?

Clean, declutter, safety fixes, yard tidy-up, and professional photos. Michael may add virtual renovation renderings and before/after comps to help buyers visualize the end result.

How does Michael find buyers quickly?

He activates a 400+ cash investor list, builder partners, and renovation-loan lenders, launches targeted ads, and directly calls vetted buyers whose criteria match the property.