by David Soble | Jul 14, 2021 | Deeds, Land Contract, Purchase Agreements, Real Estate Law
Perhaps you have experienced your own frustration with your county’s recording office before. You read through all the necessary requirements for recording a deed or other real estate instrument with your county recording office, only to have it rejected and returned...
by David Soble | Jun 15, 2021 | Deeds, Land Contract, Purchase Agreements, Real Estate Law
When it comes to your own personal property, or investment property, knowing where your county registrar’s office is, and how to effectively use their services is super important. Let’s break down the why’s. First, the country registrar is just that, a place...
by David Soble | Apr 11, 2021 | Land Contract, Purchase Agreements, Purchases, Real Estate Law
We’ve all been told that when purchasing a home, we should have a home inspection. It’s our opinion that it is not an option. Purchasing a home is generally the largest investment a person makes in their lifetime. Many home buyers lack the experience and...
by David Soble | Jan 18, 2020 | Land Contract
This question is from Greg in Livonia, who says, “I’m considering purchasing a home with my fiance. The seller is offering a rent-to-own program. Is there a difference between a rent-to-own program and a land contract? Now, we don’t qualify for a traditional...
by David Soble | Jan 18, 2020 | Land Contract, Real Estate Law
A land contract is the appropriate document to use when the parties to a real estate transaction engage in seller financing. Here are five tips for making the experience easier for a land contract seller. The list is by no means exhaustive. Amortization Schedule Make...
by David Soble | Jan 18, 2020 | Land Contract, Real Estate Law
Forfeiture or Foreclosure When a buyer defaults on a land contract, the seller can generally pursue one of two legal remedies: forfeiture or foreclosure. Both remedies have advantages and disadvantages. Forfeiture is faster, cheaper and easier, but does not allow you...