The pandemic housing market has been especially tough for homebuyers looking at the lower end of the price spectrum. In June, homes sold under $100,000 fell by 27% compared to a year prior whereas ...
Land contracts can offer a path to homeownership without a traditional mortgage, but the financial responsibilities involved are not always straightforward. Property tax obligations in particular ...
Also called an installment land contract, contract for deed or contract for sale, a land contract is a property sale where the seller holds the title of the property until you have paid for it. Absent ...
A new report found about 1,000 recorded land contracts year-over-year since 2008 in Detroit as advocates call for regulation ...
Going back many decades, it was common for Colorado real estate to be sold using an installment land contract, also known as a contract for deed. In an installment land contract, the buyer and seller ...
Thousands of Detroiters who have used nontraditional contracts to become homeowners have been largely boxed out of financial relief during the COVID-19 pandemic, according to a review of federal ...
Alan Nochumson, left, and Dylan Beltrami, right, of Nochumson. Courtesy photos. Can a buyer under an installment land contract lose their equity with a single missed payment? In Zanicky v. Skopow, 339 ...
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