Company Philosophy

We initially started the company with the goal of providing affordable housing in the Southeast Michigan Downriver area. We are not Realtors but invest in real estate as private investors.

As the company grew, we understood that many of our tenants, while wanting to own their own home, had economic, employment or credit problems, which kept them from qualifying for a traditional mortgage loan. Because we quickly recognize that huge pent-up demand, we expanded our rental business to include creating affordable, single-family housing throughout the Downriver Area.

Cireco Properties, LLC’s answer was to develop creative techniques such as Land Contract purchase or a Lease/Purchase Agreement, which allows a client to make an initial option deposit and subsequent deposits while leasing and occupying the home. That way, our clients make progress toward home ownership because, while the option deposits are non-refundable, their full amount is credited toward the sale price of the home, which is set when the agreement is signed.

While living in what will eventually be their own home, our clients can build equity, repair their credit, establish a reputable financial management history and ultimately become qualified for a standard home mortgage.

Our clients understand and appreciate that Cireco Properties, LLC has demonstrated a strong commitment to parts of the community whose housing needs have been badly underserved and where few realistic options have been available to those seeking and capable of home ownership.

As a final note, Cireco Properties, LLC not only provides affordable housing but by the very nature of the business, helps the local economy by providing work for local contractors, realtors, mortgage companies and other related businesses.

Some of Our Properties