The program requires purchasers to rehab the house and have it occupied, or demolished, in accordance with city code within 6-9 months of closing. With each purchase and rehab directly impacting the neighborhood around it, Own It Now offers purchasers the chance to take back Detroit’s vacant properties and return it to productive use.

PROPERTY OWNED BY THE DETROIT LAND BANK IS NOT OPEN TO THE PUBLIC. ACCESS TO OR ENTRANCE UPON SUCH PROPERTY WITHOUT THE WRITTEN CONSENT OF THE DETROIT LAND BANK AUTHORITY CONSTITUTES TRESPASS, AND IS A VIOLATION OF MICHIGAN LAW. TRESPASSERS MAY BE SUBJECT TO CIVIL AND CRIMINAL PENALTIES.