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Old 02-12-2010, 12:17 PM
 
Location: Michigan
24 posts, read 46,170 times
Reputation: 10

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Hey,

My husband and I have been leasing a very nice house for $1000/month for the last year. We are working on improving our credit but still don't have the scores to get approved for a mortgage. We are debating if we should look into a Land Contract for a new home or just renew our lease. However, we would like to have a smaller monthly payment to help us pay off more debts so that we can continue to improve our credit. We also have two small children and would like to find somewhere we can call home. Can anyone give us any advice or suggestions on Land Contracts?
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