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Press release - ABNewswire - Goodberlet Home Services Announces Partnership with Robur, Delivering Eco-Friendly, Efficient Products and Services to Customers - published on openPR.com
Proposed legislation follows a ProPublica and Sahan Journal report that revealed questionable real estate transactions that left members of Minnesota’s Somali and Hispanic immigrant communities at risk of losing their homes.
Contracts for deed seem like an easier path to homeownership, but they often come with a huge financial risk for vulnerable families.
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.