Home Buying in 48185>Question Details

Shorty1999, Home Buyer in 48185

I am trying to find a house on land contract. It must be at least a 3 bedroom with a basement. Any help is appreciated. Thank you

Asked by Shorty1999, 48185 Sun Jun 17, 2012

you can reach me by email at mzmarie73@gmail.com

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Answers

4
There are a lot of potential problems that could come out of buying a land contract.

Read my blog about them in the link below.
0 votes Thank Flag Link Thu Aug 9, 2012
There are currently 5 homes available in your zip code that are advertised for sale on land contract. If you would be interested in having me send you the list of these homes, please email or call me.

Other places to look for land contract homes would be yard signs that are advertising the home for sale by owner, your local newspaper and Craig's List. When dealing with a homeowner directly and not using an agent, it would be critical to get an attorney involved. Owners may try selling their home on land contract even though they still have a mortgage. Only homes that do not have a mortgage can be sold on a land contract. The reason for this is that all mortgages have a "due on sale" clause and a land contract would be considered a sale. This could force the lender to make the entire balance of the mortgage due immediately.

And remember to email or call me if you would like the list of land contract homes that I found in your area.

Kathy Persha, Realtor
Keller WIlliams Realty
248-930-0198

http://www.kaperproperties.com
http://kathypersha.yourkwagent.com/
http://www.kw.com/kw/agent/kathypersha
http://www.kathyhelpsmichiganhomeowners.com/
0 votes Thank Flag Link Sun Jun 17, 2012
Land Contract homes are available adn I can help you with them. Could you please let me know which area you are looking in and what price range are you interested in? I could send you a lsit of homes available on land contract if I can narrow down your search area.
Pelase call me or send me an email.

Madhu Oberoi
Real estate One, West Bloomfield
madhuoberoi@realestateone.com
248-875-6739
0 votes Thank Flag Link Sun Jun 17, 2012
Land contracts, contract for deed, rent to own all typically tend to be private sales without RE Agents.
Since agents are typically not involved, this agent driven site may not be your best venue. Check newspapers or Craig's list for private rentals that may lead to your answers.

Best wishes, Jim
0 votes Thank Flag Link Sun Jun 17, 2012
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