Posted by Patricia M. Van Hise on July 25, 2000 at 17:15:52:
re: land contracts, do the people who live in the property, if they have a land contract through someone who doesnt live in the property actually own that home…please someone who is a title researcher give me an answer…what is a land contract?
Land Contracts in Detroit, Michigan - Posted by Keith Hooks
Posted by Keith Hooks on April 17, 2000 at 11:58:14:
How do find land contracts in Detroit, Michigan? I have a buyer that wants to buy Land Contracts in this area. Especially, where the new casinos are being built.
Re: Land Contracts in Detroit, Michigan - Posted by Craig
Posted by Craig on April 27, 2000 at 15:29:39:
Detroit’s a pretty competive market for buying LC’s, there is always a min of 3 ads running in the paper for people buying them. You’ve got First National Acceptance Co. right around there, along with another large Bank and a couple of brokers who are pretty well established. Of course if you have a private investor putting up his own cash, willing to do the less than perfect deals then you’re in a good market. Possibly start talking to some real estate agents that specialize in land contract sales. If they are already refering business to an established broker ask them to run the turndowns by you. Who knows, if you can do tougher deals you might start getting the good deals too. Courthouse research is a pain but if you’re willing to put in that much work you might find a couple of deals a year.
Re: Land Contracts in Detroit, Michigan - Posted by John Behle
Posted by John Behle on April 18, 2000 at 11:27:11:
You find land contracts the same way you find other notes. There are over a hundred sources. But, if you want to specifically find land contracts in a specific area, you can do that through the county recorder’s office or the computer.
Some systems let you search for “document type” and you can search for land contract, trust deed, mortgage, etc. Some sytems don’t let you do that.
Many county records are online now and web accessible. If that is the case, it might be easy to do. Otherwise, it may take some time to research at the recorder’s and much of the time it is too time intensive and too much work to justify it. It all depends on your local area and the systems they use.
You can also find land contracts sometimes through the MLS and “sold books”. Some contain the financing and terms of sale. You would then look for properties that sold with seller financing. There are also companies that provide lists, but they can be expensive, out-dated and have already been picked through, so be cautious.
Re: Land Contracts in Detroit, Michigan - Posted by sherry funk
Posted by sherry funk on October 27, 2000 at 01:45:25:
looking for houses or duplexes on land contracts in flatrock,brownstown,woodhaven,trenton,carleton, huron,new boston or rockwood we would really appreciate some help! homes needing work are fine!!! all we have to work with is 5,000 dollars for a down.thank you!
Re: Land Contracts in Detroit, Michigan - Posted by JIM PIERCE
Posted by JIM PIERCE on July 21, 2000 at 12:56:06:
“Many county records are online now and web accessible. If that is the case, it might be easy to do” seems a
bit inaccurate: there are almost no counties providing web access to land records in Michigan…
Re: Land Contracts in Detroit, Michigan - Posted by tamra stamm
Posted by tamra stamm on July 11, 2000 at 13:43:38:
northern oakland co. and lapeer co. only please,land and residential homes
Re: Land Contracts in Detroit, Michigan - Posted by micki myers
Posted by micki myers on October 27, 2000 at 24:29:36:
lookng for landcontract homes in flatrock mi.huron township waltz mi woodhaven mi or brownstowne mi around 5000.00 down please help / need home thank you very much micki m
Maybe not Michigan - but many areas throughout the country - Posted by John Behle
Posted by John Behle on July 21, 2000 at 15:15:55:
I wasn’t referring specifically to Michigan, just suggesting to look into it. Many counties throughout the country are turning to the web each month. Many do not know that. In our area every one is web accesible.
Re: Maybe not Michigan - but many areas throughout the country - Posted by Jim
Posted by Jim on July 21, 2000 at 15:23:04:
Am a professional title examiner that is currently listing out counties that have records available over the net. Am curious as to the state you are located in?
Unless it is Florida, not many states have more that 4 or 5 counties that are truly web accessable