I live in Monroe County, Michigan. I'm looking for a land contract home or a lease option to buy. Does anyone?

Amanda
Home Buyer
Monroe, MI

know of any in the area?

Answers (2)
Michael E Thomp...
Broker
48182

I am an associate broker who lives work and has our offices in Monroe County. You didn't mention a price range or specific location in the County so I ran a pretty open search. Only 2 came back on the MLS, and I just listed a house today that would consider it so that's 3. There are a few others I know would consider it as well just from working with other clients.
The previous answer was correct that on a land contract you're going to need cash--usually 10% down minimum. Lease options can be slightly less up front, and depending on your circumstances (how long it would take to get you financed) may be a better fit. If you'd like any info on these contact me anytime at thompgroup@gmail.com No hassles ever.

Sat Jun 20 2009, 09:54
Mary Novak, CDPE...
Agent
Brighton, MI
FIRST ANSWER

Hi Amanda, I work with land contracts. For a land contract you need to have a substantial down payment and be able to finance the home on your own within a specific amount of time. For more information contact me at 810.844.2280
Marvelous Mary Novak

Fri Jun 19 2009, 17:51

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