Mission Statement: LansingHousing.com is a multi-faceted, multi-disciplined real estate development firm with clients from all walks of life that are interested in achieving home ownership. Our goal is to help residents of the greater Lansing area rent, purchase, or invest in real estate in our community. We want to know you! Please contact us so that we can help you.
We receive a wide variety of questions from new clients. On this page, we attempt to expound the frequently asked questions:
- You guys don't have very much on your site... should I call back later?
Absolutely not. We have a portfolio of several dozen homes in the Greater Lansing area! Because of competitive prices and terms, we sell our homes very quickly - often quicker than we can post them on our site! We also have forthcoming remodeled homes that we don't market until completed. When you call, we'll show you a list of homes that fit your specific criteria. We'll also tell you about projects that are nearing completion, or just coming available.
- Can I see a list of all of your houses?
While it's intuitive to think it would be easiest to have a list of all of our homes for sale, we've found that buyers will typically become very frustrated shopping for houses with a general list. The frustration arises from there being too many variables for the average person to track. At any given moment we may have 5 homes that are mid-construction phase, 5 that are beginning construction and perhaps 5 that are actively being marketed.
- What's the difference between a Land Contract and a Lease Option?
In a Lease with Option to Buy, you are leasing a property with an option to buy it at a future date. The future price of the property is fixed at the time the lease-option is signed. A Land Contract is a commitment to buy and sell by both the buyer and seller. There is no option.
- What is a Land Contract?
A Land Contract (Also known as Seller Financing) is when a home buyer agrees to make payments directly to a seller at pre-negotiated terms. The seller agrees to deed the property to the buyer upon completion of the agreement. The buyer becomes the owner of equity in this type of sale immediately. Land contracts are the best option for people who want to own, but do not quite qualify for financing.
- How do I qualify for a land contract? Do I qualify?
Most likely, you already qualify for a land contract with our company. Our decisions are similar to a bank in that we require standard income documentation, but as long as the transaction makes sense we'll strongly consider any prospective buyer. With lansinghousing.com, the answer is always YES. Credit score does NOT matter with Land Contracts or Lease Options because in that scenario, we're the bank.