Live Breaking News & Updates on For Deed

Stay updated with breaking news from For deed. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

How Contracts for Deed Put Families at Financial Risk — ProPublica

Contracts for deed seem like an easier path to homeownership, but they often come with a huge financial risk for vulnerable families. ....

United States , Jim Davnie , Steven Legatt , Jeff Scislow , Luke Grundman , Imran Hussein , Wafiq Fannoun , Ron Elwood , Ismail Harun , Larry Wertheim , Shirwa Adan , Johanna Osman , Central Minnesota Community Empowerment Organization , Reba Free , Sakan Community Resource , Banken Holdings , Amhersth Wilder Foundation , Legal Services Advocacy , Minnesota Public Radio , Sahan Journal , East African Muslim , For Deed , Twin Cities , Mid Minnesota Legal , Somali Home , Interest Free Home ,

Real estate investors sold Somali families on a fast track to homeownership in Minnesota. The buyers risk losing everything.

For Somali Muslim families in Minnesota, a contract for deed seems like an easier path to homeownership. But predatory practices and poor regulation can make it a financial trap rather than a good deal. ....

United States , Jim Davnie , Steven Legatt , Jeff Scislow , Luke Grundman , Larry Wertheim , Ron Elwood , Amhersth Wilder Foundation , Legal Services Advocacy , East African Muslim , For Deed , Sahan Journal , Twin Cities , Mid Minnesota Legal , Somali Home , Interest Free Home , Wild West , Urban Institute , Minnesota Somali , Star Tribune , Legal Services Advocacy Project , Legal Aid ,