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By admin, May 21, 2007 8:33 pm

Lansing MI real estate classifieds are full of beautiful homes, most at reasonable prices. If you have past credit issues, you may think that owning a piece of Lansing Michigan real estate is just a dream. But, everyone should be able to own their own home and as real estate investors in Michigan we can help put you into a nice home at a price you can afford, in the area you want to live.

A Bit of Lansing Michigan Real Estate History

Located along the Grand River, Lansing became the capital of the state in 1847. The area was originally surveyed in 1825, but because of the thick woods, it was years before there was even one road. Today it is one of the largest cities in the state.

The major industries in the Lansing metropolitan area are government, education and, of course, automobile manufacturing. It is the home of Michigan State University, Thomas M. Cooley Law School and Lansing Community College.

Though dominated by state government buildings, the downtown area boasts numerous restaurants, retail stores and the historic “city market”, one of the oldest farmer’s markets in the United States. Old Town features many architecturally significant buildings dating from the mid-1800s. Lansing is the birthplace of the automobile, as well as the Auto-Owners Insurance Company.

Lansing MI real estate Facts:

The median price for a home in the Lansing MI real estate classifieds is $115,900. Of course, some are higher and some are lower. In some areas, the value of Lansing Michigan real estate has been affected by the economical issues that plague the state. In others, prices have remained relatively stable. Efforts have been made to “revitalize” some areas and thus improve property values.

The same economic issues that affect property values have caused credit problems for many residents. Auto industry lay-offs and pay cuts made it difficult for many people to pay their bills. If you are reading this and you have been turned down for traditional bank financing, you should know that there are alternatives that can eventually lead to home ownership, and we can help make this a reality for you.

If you can afford to rent, you can usually afford to own, even if you don’t know it yet. Unfortunately, mortgage lenders like banks almost always judge you by your credit score. Even if you have worked hard to pay off your debts, you need to remember that credit bureaus are not concerned with accurately maintaining your credit record.

There may be old or incorrect information that is negatively affecting your score, making it impossible to qualify for low interest loans, and sometimes even higher interest ones. Let’s face is: good things happen to bad people and you may have a good job and can pay the monthly mortgage payments for home ownership, but the bank won’t give you that loan if your credit score isn’t high enough for them.

As real estate investors in Michigan, we have put hundreds of people into homes using a lease option agreement.

We have unique programs whether you are a home seller or want to buy a home. Just a few of the advantages of a lease option (also called a rent to own) is: a portion of your monthly rent goes towards the eventual purchase of your home, allowing you to build true equity.

Terms are negotiated between the buyer and the seller to appeal to both. We will structure the whole transaction so it’s a win/win. If you are a buyer and need credit repair, do not worry. We can still get you into a home, and help repair your credit as well so you can get the bank financing you need later when you exercise your lease option to buy the home.

With new businesses and new developers, Lansing Michigan real estate prices will undoubtedly “rise again”. If you start now, in years to come, your property value will increase; further securing your future and helping you achieve your dreams.

If you are not interested in Lansing MI real estate, itÂ’s okay. Our unique program works anywhere and for anyone who has a job, a small down payment and motivation.

Dan Ho is a real estate investor in Michigan. Visit lansing MI real estate to learn more about the advantages of selling or buying a home on a rent to own basis.

http://www.buy-sell-michigan-real-estate.com is the definitive resource online for buyers and sellers of Michigan real estate.

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