Legal Question in Real Estate Law in Michigan
I entered into a land contract for a Condo and I have been told that after the land contract ends 2years I will either have to get a mortgage or I will be foreclosed on, can they do that? Is there any way to void or get out of this contract?
Asked on 11/19/09, 1:27 pm
1 Answer from Attorneys
Timothy Klisz
Klisz Law Office, PLLC
You would have to look carefully at the land contract and purchase agreement you signed at closing. Did it have a balloon payment and 24 monthly payments? I would be happy to speak to you about this matter. Visit www.kliszlaw.com to discuss. Tim Klisz
Answered on 11/24/09, 2:38 pm
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