It can be summed up in one word — frustration. You really want to change your life and move into a home that you can realistically call your own, a place that you can see as an established safe haven for you and your family, a place which allows you to finally breathe again. Things have not been too good for you in recent times. Could it be that you have come across downsizing, been laid off, suffered a downturn as consumers turned away from your business due to their own issues, or even had to battle with a major illness or injury to a member of your family? We just cannot see what’s in our future and it is often very difficult for us to be prepared for a major, damaging event, when we least expect it. When we come across a very challenging situation in our lives, it often takes effort, resolve and a good element of luck to recover. You might have been forced out of your old home and be living with your friends or family, or be living in a rental property which is far from ideal. Have you heard about a neighbor or friend who has taken advantage of a great economic situation and ended up with their own property, somehow — this is just frustration at its highest. How can this be possible, you think to yourself — buying a home with poor credit is an unattainable achievement, or at least you’ve been led to believe that by the conventional banks.

Pay attention to your neighbor or friend and find out what they actually accomplished. Were they just in the right place at the right time, were they lucky enough to have the correct funding, or maybe they came across something that you haven’t, as yet. However, maybe they came across a land contract and discovered how they could be creative, move forward and not look back for a moment. You see that buying a house with poor credit does not have to be something that is the stuff of nightmares and if you live in Michigan, you will find that land contracts are literally all around you. The beauty of land contracts is their flexibility, the fact that both seller and buyer are very motivated and want to make something happen, creating a financial contract that works for them both. Land contracts can be perfect for first time home buyers with bad credit, who may have been turned away by the average bank manager due to the fact that their credit score is not up to a preconceived level, or maybe they didn’t have enough money to put down, turning them away from that all important and valuable opportunity. Remember, that you must pay particular attention to the details of any land contract, exercise a sufficient amount of caution and understand that you must have a very sensible and clear economic plan ahead of you. Always consult experts who know what they’re talking about when it comes to land contract negotiation. For a change, why not be that lucky person that you always read about or hear about — and ditch the frustration once and for all?

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