Legal Question in Real Estate Law in Michigan

how can you make sure the sellers are paying the underlying mortgage when you buy on land contract?


Asked on 6/03/10, 6:40 pm

1 Answer from Attorneys
Timothy Klisz Klisz Law Office, PLLC

As part of your land contract, you can require them to show you proof of payment monthly. Hopefully they got it approved by their mortgage company or you could both be in a heap of trouble if they find out. If this contract has not been entered into, you seriously need an attorney or face these kinds of problems. Visit www.kliszlaw.com to discuss. Tim Klisz

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Answered on 6/04/10, 4:59 am


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