Land Contract vs. Rent to Own

[@martymaranan7191]

Excellent!!

[@drew-shourd]

Fantastic!...thank you sir.

[@ProvenResourceFarmingtonHills]

Most welcome! Thank you for your feedback. Please visit us at www.provenresource.com

[@ASH-se6kr]

I like your videos thx but is better to buy retail or Condo with land lease or ? and what if I wanna sell my building years later then how does that work since I don’t won the land ?

[@davidsoble4356]

Thank you for your feedback. I encourage you to look at the videos on an contract.

[@WhatsThePoint01]

Great video, very informative! 👍

[@ProvenResourceFarmingtonHills]

Glad it was helpful! Thanks for the complement. Let us know what topics in real estate and contract law are of interest to you.

[@christophersouth6694]

Yeah got land contract it take 6 year owner finance paying 50 more would this help to not pay high interest rate at end would it eliminates some of interest?

[@bahramx1]

thank you for shearing information. i have a question? new neighbor moved to next my property with 5 years payment plan with rent to owne deal that means they are not owne the property yet. and they start cut all big trees over 150ft tall and they traspass cut few of my big trees and solded. im wandering how is responsble for damage?rentals? or property owner? please halp thank you.

[@Jrcole91]

Can you help me with my land purchase agreement ? Seller/buyer financing?

[@ProvenResourceFarmingtonHills]

It depends on what State you are in - We provide legal services in Michigan and Ohio.

[@oglu7569]

can a individual assign his equitable interest with in a land contract?

[@ProvenResourceFarmingtonHills]

It would depend on what the land contract provisions state you can do.

[@ProvenResourceFarmingtonHills]

That depends if there is language in the land contract that allows for the assignment.

[@shawnhowze1780]

What do zillow mean

[@ProvenResourceFarmingtonHills]

It is a tradename.

[@ProvenResourceFarmingtonHills]

Zillow is a property valuation site. Gives estimated values of properties - many real estate professionals do not feel Zillow offers accurate assessments, so be careful.

[@c.p.5741]

​@@ProvenResourceFarmingtonHillsI am going to see a house tomorrow through Zillow. Are there any fees associated with this on my end?

[@ProvenResourceFarmingtonHills]

@@c.p.5741 You would have to contact Zillow/ We are a law firm. Perhaps you should contact Zillow.

[@ReturnJaguar]

What state(s) do you represent?

[@ProvenResourceFarmingtonHills]

Soble Law represents clients throughout Michigan and Ohio.

[@ProvenResourceFarmingtonHills]

Ohio and Michigan

[@johnarace1960]

Does a land contract remove the current owners responsibility for issues of say lead paint, plumbing or other problems that may come up? I have a property I'm interested in buying, a house that has been vacant because of lead paint, it cannot be rented because of it. If I do a land contract or contract for deed, am I now considered to be an owner occupant..

[@ProvenResourceFarmingtonHills]

If there is lead paint, and you are aware of it, you can be held responsible for the hazard regardless if you are living there or not. Generally speaking, you would be responsible to remediate it if you have a legal interest in the property. Disclaimer: For educational purposes only. Seek the advice of legal counsel in your state.