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Updated about 6 years ago,
Seller financing contract
I have a seller willing to carry back financing. What is the best way to do this in Michigan? The seller mentioned a land contract. I heard there are risks to the buyer with this option? Are notes a better option? What do you recommend?
I probably will need to run this by a real estate attorney. Can anyone refer me to a good real estate attorney in the Canton, Plymouth, Livonia, Westland, Ann Arbor area?
Thanks!