Discount



Detroit School Employee Discount

The Educator Discount offers the opportunity for current, full-time educators and support staff within the City of Detroit to utilize a 50% discount on DLBA Auction homes.

Create an account by registering at www.buildingdetroit.org

Under discounts, select, “I work at a school (PK-12) in the city of Detroit - 50% Discount”

Select your employer

Note: Don't see your employer upon registration? Email communityrelations@detroitlandbank.org to help get your school signed up!

Must be a current and full-time educator for grades PK-12 within the City of Detroit

Must be a current and full-time support staff (principals, counselors, teacher's aides, etc.) for schools, grades PK-12, located within the City of Detroit

The discount can only apply to an individual, not a corporation

Note: Your discount request will be verified by the entity you selected to recieve the discount through. The DLBA does not accept or reject these requests.

Receive up to 50% off the price of their Auction home. Discounts will be applied at closing/p>

Discounts can only be used once

Click here for the policy and important purchase requirements when utilizing the discount



City Employee Discount

The City Employee Discount offers the opportunity for employees, contractual employees, retirees and their immediate family members of the City of Detroit and all participating affiliated governmental agencies and authorities to utilize a 50% discount on DLBA Auction homes.

Create an account by registering at www.buildingdetroit.org

Under discounts, select, "I am a city employee or retiree (does not include schools) - 50% Discount"

Select your employer

Eligible participants include:

Employees and contractual employees who are currently employed by the City of Detroit or a participating affiliated governmental agency or authority.

  • 36th District Court
  • Detroit City Council
  • City of Detroit
  • Detroit Building Authority
  • Detroit Economic Growth Corporation
  • Detroit Public Library
  • Detroit Zoological Society
  • Public Lighting Authority

Retirees from the City of Detroit, or a participating affiliated governmental agency or authority.

Immediate family members, 18 years or older, of any individual that qualifies under number 1 or 2 above, including:

  • Children
  • Parents
  • Spouses
  • Legal guardians
  • Siblings

The discount can only apply to an individual, not a corporation

Note: Your discount request will be verified by the entity you selected to recieve the discount through. The DLBA does not accept or reject these requests.

Receive up to 50% off the price of their Auction home. Discounts will be applied at closing

Discounts can only be used once



Homebuyer Counseling Discount

A 20% discount on the final bid amount for auction properties sold by the Detroit Land Bank Authority is available to all individuals who have received a homebuyer education certificate within the past twelve (12) months upon completion of a homebuyer education course offered by a participating homebuyer counseling agency.

Participating homebuyer counseling agencies include:

  • Central Detroit Christian Community Development Corporation
  • National Faith Homebuyers
  • Neighborhood Assistance Corporation of America (NACA)
  • Southwest Solutions
  • U-SNAP-BAC

To register for a homebuyer education course with one of these agencies, please refer to the contact list at the end of this document.

In order to use the 20% discount in the purchase of a property, prior to bidding you must complete the homebuyer counseling course, apply for the 20% discount through the Detroit Land Bank’s website, and be approved for the discount by the relevant homebuyer counseling agency. Discounts will not be granted retroactively. Please seek approval prior to bidding.

To apply for the discount:

  • If you do not already have an account at buildingdetroit.org, go to the Detroit Land Bank’s website and create an account Registration Page
  • If you already have an account, log in and go to My Account/Discount

Your discount application will be reviewed by the homebuyer counseling agency you select when applying for the discount. If approved, you will receive an email stating that your 20% discount has been approved by the homebuyer counseling agency, and the discount will automatically be applied to the next property you win in the Detroit Land Bank auction.

The 20% discount on the purchase price will be applied at closing on the sale of the property. Your credit card will automatically be charged $1,000 upon winning the bid, regardless of any discounts. For example, if you win a bid at $1,100, your credit card will automatically be charged $1,000 immediately upon winning the bid. At the time of closing, you will receive a $220 credit (or 20% of $1,100) and will pay only the remaining closing costs and current year property taxes.

All individuals who use a 20% homebuyer counseling discount in the purchase of a Detroit Land Bank auction property (“Homebuyer Counseling Discount Purchasers”) will be required to occupy the dwelling as their primary residence upon completion of the Detroit Land Bank’s rehab requirements. The Homebuyer Counseling Discount Purchaser must provide documentary evidence, such as a copy of the stamped Principal Residence Exemption Form submitted to the City of Detroit Assessor’s office, that he or she is occupying the property upon completion of the rehab.

All eligibility and other requirements that apply under the Detroit Land Bank Authority’s rules and procedures for the auction, or other sales, will apply to Homebuyer Counseling Discount Purchasers. Please see the auction rules here.

The property must be purchased by an individual and cannot be purchased by a corporation, limited liability company, joint venture, or other legal entity. The property may be transferred to a single member limited liability company only after the rehab requirements and a rental inspection has been completed.

One discount will be given per registered discount bidder. Bidders will not be granted more than one discount through the Homebuyer Counseling Discount program, nor will bidders be granted more than one discount across multiple programs – e.g. a discount through the City Employee Discount program and a discount through the Homebuyer Counseling Discount program. Bidders cannot combine or use multiple discounts.

If a bidder applies and is approved for multiple discounts, the higher discount amount will automatically take effect – e.g. if a bidder is approved for the 50% Employee Discount and is subsequently approved for a 20% Homebuyer Counseling Discount, that bidder will receive a 50% discount on the purchase price of the next property he or she wins in the auction.

The 20% discount will automatically be applied to the purchase of the first property won in auction after the discount request is approved. Bidders may not use the discount in the purchase of subsequent properties.

Participating Homebuyer Counseling Agencies Contact Information:

Central Detroit Christian Community Development Corporation

Phone: 313-873-0064

Training Locations:

Blessed Sacrament Community Center, 150 Belmont, Detroit, MI 48202

Focus Hope, 1300 Oakman, Detroit, MI 48238

Click Here to Contact this Advisor

National Faith Homebuyers

Phone: 313-255-9500

Address: 601 W Fort Street, Suite 100, Detroit, MI 48226

Click Here to Register

Neighborhood Assistance Corporation of America (NACA)

Phone: 425-602-6222

Click Here to Register

Southwest Solutions

Phone: 313-841-9641

Training Location:

Southwest Counseling Solutions, 1600 Porter St, Conference Room B, Detroit, MI 48216

Pre-registration is required. To attend a workshop you must contact Southwest Solutions and visit its offices at: 2835 Bagley, Ste. 800, Detroit, MI 48216

Click Here to Contact this Advisor

U-SNAP-BAC

Phone: 313-640-1100

Training Location: U-SNAP-BAC Offices, 14901 East Warren, Detroit, MI 48224

Click Here to Contact this Advisor