Unlike Auction homes, “Own It Now” properties have not been cleaned out or secured by the Detroit Land Bank. Title to the properties may not be clear. A substantial investment will likely be required to bring the properties up to code.
The purchaser will be responsible for either rehabbing the house and having it occupied or demolishing the structure(s) on the property in accordance with city code within 6 months of closing (9 months for properties in historic districts).
Buyers of DLBA properties are strongly urged to inspect properties in person.