Land contracts, also called trust deeds, notes, deeds of trust and privately held mortgages, are real estate purchase contracts financed for the buyer by the seller. Depending on the terms of the ...
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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 ...
DETROIT – Land contracts come with risks for home buyers, who rarely end up owning the homes they buy with such contracts, real estate experts say. The term is misleading; “land contract” sounds like ...
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 ...
A lawsuit filed in federal court this week takes aim at Michael G. Kelly, one of the top landowners in Detroit, over contracts for housing that the suit calls "predatory." The suit filed Monday by ...
Tim Goltser and Curtis Mason have been building things together since high school, when the two were the co-captains of their school’s robotics team. In college, Goltser and Mason teamed up to create ...
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