Land Contract Homes in Michigan

As a Realtor I frequently get asked about Land Contract Homes in Michigan.  Land Contracts are a form of seller financing, and they do require a down payment.  The advantages are that one does not necessarily have to go through a lengthy underwriting process in order to complete the deal, as long as both parties can agree to terms.

There are a lot of aspects to Land Contracts in Michigan which each side should learn about and take into consideration.  I spent some time in the last few months writing a book to cover some of the essential parts to this subject that everyone seeking to utilize this type of financing should learn.  I published the book recently as an eBook, and the title is: Understanding Land Contract Homes: In Pursuit of the American Dream. 

I have always been of the idea that it is best to share the knowledge one has learned over the years with others whenever possible.  This book is a way to do just that.  So many prospective buyers want to become home owners, and have problems with their credit and need time to recover.  Utilizing a Land contract in Michigan is one way to do this, as it allows you to get into a home, and recover.  

In my book, I align the subject of Land Contracts to that of a bridge from a shaky credit situation to a stable one where you can re-finance and get into a lower interest conventional mortgage.  This is the best way to really look at the use of this tool of seller financing. 

So if you are not yet into reading eBooks, I encourage you to get one.  A basic reader will cost just $70 and you can download my book for just $2.99 on Smashwords.  You can also get free reader apps for your cell phone and other handheld devices, and buy the book and read it that way.  It is well worth the investment, and I hope you will gain a new understanding on how these work and how you can achieve your dreams of home ownership.