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Metro Detroit • 7 wholesalers profiles
Land Contract Deals in Metro Detroit
Compare local investors and wholesalers who buy or sell property on land contract in Metro Detroit. Connect for free and have every contract reviewed.
5Featured pros
7Wholesalers profiles
6Metro counties
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Rebuild Detroit is not a real estate broker, does not verify property condition or title, and does not give legal or financial advice; information here is general.
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Live off-market deals
Latest off-market properties in Metro Detroit
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$35,000
ARV $120,000 (wholesaler estimate)
3 Bed Single Family in Detroit
3 bd 1 ba 1,000 sq ft
📍 Detroit, MI 48219 Address locked
Posted by Jonathan
$65,000
ARV $140,000 (wholesaler estimate)
3 Bed Single Family in Detroit
3 bd 1 ba 1,472 sq ft
📍 Detroit, MI 48219 Address locked
Posted by Jonathan
$25,000
ARV $130,000 (wholesaler estimate)
4 Bed Single Family in Detroit
4 bd 2 ba 1,851 sq ft
📍 Detroit, MI 48227 Address locked
Posted by Jonathan
Featured land contract deals pros
Top Land Contract Deals Pros in Metro Detroit
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Belal Abdurahman
Verified
Flipping Detroit
Verified
Jonathan
Verified
K&T INVESTMENTS LLC
Claimed
Pedro Means
Claimed
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Before you hire
Land Contract Deals in Detroit: what to expect
A land contract deal in Detroit is a sale where the seller finances the purchase: the buyer moves in or takes over the property and makes payments to the seller, and the seller keeps legal title until the contract is paid off. Land contracts are common in Detroit and older Wayne County suburbs because many buyers and properties do not fit bank lending.
Michigan law gives land contract sellers two remedies if the buyer defaults: forfeiture through district court, which is only available when the contract expressly allows it, or foreclosure. In a forfeiture the buyer gets notice, time to cure, a court hearing and a redemption period. Buyers should record the contract or a memorandum with the county Register of Deeds, check that taxes are paid and confirm the seller has no mortgage that could be called.
Compare Metro Detroit wholesalers and investors, read about seller financing, and have a real estate attorney review the contract.
What a good engagement includes
- A written land contract with price, down payment, interest rate and term
- Clear terms on who pays taxes, insurance and repairs
- Title search showing the seller's ownership and any mortgage
- Recording of the contract or a memorandum with the Register of Deeds
- Payment records and a way to verify tax payments
- Default, forfeiture and payoff terms in plain language
What drives the fee
- Down payment and interest rate
- Length of the contract and any balloon payment
- Taxes and insurance escrow or direct payment
- Repairs the buyer takes on
- Existing mortgage on the seller's side
- Title work, recording fees and attorney review
Rebuild Detroit does not publish fees. Ask each attorney to explain the fee basis in writing and compare.
Licensing and legal checks in Michigan
Under Michigan law, a seller can use forfeiture only if the land contract expressly allows it. The buyer gets written notice and time to cure, then the seller must go to district court; if the seller wins, the buyer still has a redemption period that depends on how much of the price has been paid (see the MSHDA forfeiture summary).
Wholesalers who market land contracts for others for a fee may fall under broker licensing rules (MCL 339.2501). Check licenses on the State License Search and have a Michigan attorney review the contract before signing.
Verify: Michigan State License Search MCL 339.2501: real estate broker definition Wayne County Treasurer: Auctions and Claims How We Vet
How to compare attorneys
- Order a title search before you pay a down payment.
- Confirm property taxes are current with the county treasurer.
- Ask whether the seller has a mortgage on the property.
- Record the contract or memorandum with the Register of Deeds.
- Keep proof of every payment.
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Common questions
Land Contract Deals in Detroit: FAQ
The seller finances the sale and keeps legal title until the buyer pays in full. The buyer usually pays taxes, insurance and repairs and receives the deed at payoff.
It depends on the price, down payment, interest rate, term, balloon payment, taxes and insurance, plus title and attorney fees.
A seller can pursue forfeiture only if the contract allows it and must go through district court. The buyer has time to cure and a redemption period.
Buyers should record the contract or a memorandum with the county Register of Deeds to give public notice of their interest. An attorney or title company can help.
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Compare Metro Detroit local wholesalers and investors and confirm credentials, scope and cost drivers before you hire.