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Home Buying in 48240 : Real Estate Advice

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  • Local Info0
  • Home Buying5
  • Home Selling0
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Activity 4
Sun May 19, 2013
Harold answered:
give me a call I work the Redford area all the time and I'm familiar with all ordinances that may apply
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Sat Feb 16, 2013
Mick Todd answered:
I own houses in inkster and detroit, and I would be interested in finding and selling you a house in Redford if terms were suitable, I have two houses currently on land contract, on 8 yrs, email me direct at. Or call me, uk mobile. 07866801601 ... more
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Sun Oct 28, 2012
Bob Schweiss answered:
Good Morning,

I would be more than happy to work with you. My suggestion is either renting a property, rent to own is not a good option for the tenant. Land contracts are out there you are going to pay a little more for a land contract and the down payment is generally 20% down. Redford and Livonia are to very hot markets so hopefully you have a reasonable time frame.

Send more information on what your looking for, bedrooms, baths, garage, basement and style of home.

Bob Schweiss
Remerica Hometown One
... more
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Mon May 28, 2012
Letitia Patterson answered:
There are just a few homes being sold on Land Contract in Redford right now with a down payment at or around $10k.

Click this link to see some we pulled for you:

When you're considering a land contract purchase, remember, the seller still wants to be confident about your ability to pay. Having lower credit may be an issue to some. To other sellers it doesn't matter, but they may ask about it, so have your explanation letter ready to address why the score is low and a plan for what you want to do about it.

And yes, the price may be double because remember, the price is not today's value, it's what the home will be worth in the future when the land contract is paid off. However, that doesn't mean you have to pay the asking price; negotiate the right price, payment and interest rate that works for your budget.

There are also a ton of terms and conditions that should be in place to protect your interest in the property.

If you need help with this, please feel free to contact us:

Letitia N. Patterson

Community Choice Realty
261 E. Maple Rd
Birmingham, MI

Office: 248-905-1531
Cell: 248 506-9426
Fax: 248 504-5656
... more
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