Dear Friend,
Our Town Hall meeting on land contract issues is this Saturday, September 24. If you have a land contract or considering one, we encourage you to attend this FREE event offered by the Legal Aid & Defender Association.
|
Town Hall Meeting About Land Contract Issues this Saturday
Legal Aid and Defender Association (LAD) will hold a free public meeting to warn and educate residents of Detroit and Wayne County about the dangers of purchasing homes on land contract on Saturday, September 24 from 10 a.m. to 1 p.m. at Plymouth United Church of Christ, 600 E. Warren Ave. in Detroit (view map).
The meeting will feature a panel of speakers who will discuss land contract law in Michigan as well as answer questions from residents. LAD attorneys will be present to provide advice to individual residents regarding land contract issues.
Currently, LAD is representing victims of what appears to be a major residential property scam in the city and the county. Out-of-state companies appear to be in the business of buying thousands of foreclosed homes for as little as a dollar each, then selling them to residents on land contracts for thousands of dollars without informing purchasers about past-due property taxes, utility bills or other liens on the homes that become the responsibility of the new owners. In some cases, this can mean that the new owner owes several thousand dollars in taxes and utility bills on the home.
LAD has learned that these companies may be involved in similar operations in Cleveland and other major U.S. cities.
Want to learn more about land contracts? Attend this LAD Town Hall this Saturday, September 24 at 10 a.m.
|
