Detroit Mortgage Rates What Is A Land Contract In Detroit,MI? What Is The Property Tax Rate Is It Different For A New Ownerofproperty?

What is a land contract in Detroit,MI? What is the property tax rate is it different for a new ownerofproperty? - detroit mortgage rates

I see listings of homes in Detroit, MI, with a little over land contracts? What are they? Detroit Is it true that you will buy a house and pay more for taxes on the ownership of your mortgage? I saw a house in Detroit for $ 15,000 in origin. Here in CT you can not buy a house at the north end of Hartford, Connecticut, although the crack house burned in Gangland.