Sell a Rental Property in Ferndale, MI

No. We can buy with the tenant in place and take over the current lease. You keep collecting rent right up to closing and avoid any empty time.

We often buy properties with problem tenants and missed rent. We can take that issue on ourselves as part of the purchase. You don't have to fix it before selling.

No. We buy as-is, including units with put-off repairs or open rental-inspection items. We handle the work after closing.

Our fast, reliable closing timeline works well for exchange deadlines. We're not tax advisors, so you'll set up the exchange itself with your qualified intermediary. But we'll close on schedule.

Yes. If you're winding down a portfolio, we can make offers on several properties at once. Reach out and tell us what you have.

As of July 2026, the typical middle-tier Ferndale home is worth about $254,401 per the Zillow Home Value Index — down 1.4% over the past year. Actual closed sales tell a similar story — the median Ferndale sale price is running about $260,882. That's a citywide midpoint: values differ street to street between Downtown Ferndale, West Ferndale and 9 Mile corridor and other pockets of Ferndale. When we price a rental, we work from recent sales near your address and its true condition, not the citywide average.

On a listed Ferndale sale near the typical home value of $254,401, plan on roughly $12,700–$15,300 in agent commission (5–6%), about $2,190 in Michigan transfer tax ($3.75 state + $0.55 Oakland County per $500 of price), plus owner's title insurance, any repair credits from the buyer's inspection, and the carrying costs while it sits on the market. When we buy directly there's no commission and we cover the standard closing costs — you still pay the state and county transfer tax as the seller, but the written offer is otherwise what you keep, less your mortgage payoff and prorated taxes.

Yes — occupied, vacant, or somewhere in between. Leases and security deposits transfer at closing the way Michigan law requires, and we never ask you to run showings past your tenants. We buy single-family rentals, duplexes, and small multi-family buildings across Ferndale and the rest of Oakland County, in whatever condition the last tenancy left them.

All of them. That includes Downtown Ferndale, West Ferndale, 9 Mile corridor, Woodward Heights and Wilson Park area — and every other street in Ferndale. If the property is anywhere in Oakland County, we'll make a written cash offer on it, regardless of condition.

Yes. Ferndale's charming early-1900s bungalows near 9 Mile and Woodward are full of character, but they often come with older roofs, basements, and mechanicals. We buy them as-is, so you won't have to touch the foundation, electrical, or plumbing. We price the home on its current condition and take on the work ourselves.

We buy rental properties throughout Ferndale, including West Ferndale, whether vacant or tenant-occupied. You can exit without prepping the unit or waiting out a lease. We'll settle rent and the security deposit through closing, so the handoff is clean for everyone.