Know Before You Sign

Properties sold “as-is” without exceptions – regardless of any discussions or perceived understandings which may have been interpreted during property viewings. This is written in the agreement and what is written in the contract shall be the final agreement.
If something doesn’t look right within the contract, the buyer must say something before the signing. Do not wait until after.
If buyer decides they don’t want the property after a signing, there is no guarantee that the seller will agree. The down payment may not be refunded. At the very minimum all costs from showings and signings will not be reimbursed.

Seller has had no professional/certified inspection performed on this property, and makes no guarantees regarding the property’s status or condition.
Responsibility for a detailed inspection falls upon the buyer.
Only the written, signed land contract shall constitute a property sales agreement between Buyer and Seller – no spoken agreements shall ever replace the written, signed, land contract agreement.

Your number of payments is an estimate found using a standard loan amortization calculation involving these variables:
- Your agreed monthly payment amounts
- the total loan amount
- the interest rate
- It does not include late fees or missed payments.
- The loan must be paid off in full regardless of the amount of time it takes.
Extra payments may be made in addition to the amount due monthly. This is a way to pay off the loan early and therefore reduce interest paid and the payback time. If this is something you’d like to do, please plan with your Value Detroit customer relations contact.
Advance monthly payments may be made but they won’t reduce interest due. For example: Mike pays both this month’s and next month’s payments now so he can skip paying next month. He’s paying 1 month in advance.
Buyers may pay a higher down payment or higher monthly payments than listed. If approved, this type of change would shorten the land contract term and overall interest paid.