A new report has shed light on the use of land contracts in Detroit. It appears that around 1,000 of these contracts are recorded annually in the city. This practice has been ongoing for the past two decades.
Land contracts can be a potentially risky way to finance home purchases. Further information on this topic is available from BridgeDetroit, a news outlet that shares reporting with the Detroit Free Press, making the stories accessible without a paywall.
Recent coverage curated from local and regional sources.
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