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Law has few protections for people who purchase a house with land contract.

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Most of the disadvantages of land contracts for buyers of property stem from the fact that the vendee buyer does not receive the deed to the property at closing The vendee obtains equitable title but the vendor seller retains legal title This situation usually exists until the land contract is paid in full. We have 205 properties for sale listed as michigan land contract house from just 21500 Find michigan properties for sale at the best price Finding homes for. A Guide to Owner Financing Millionacres The Motley Fool.

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