Be Cautious: Contract for Deed or Rent to Own
The promise of homeownership that often leaves Midwest buyers out in the cold.
Source: communityvoiceks.com
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Contract for Deed: The Promise of Homeownership that Often Leaves Midwest Buyers out in the Cold
The contract for deed or rent-to-own option is marketed as a way for people who can’t get a conventional mortgage to realize the dream of owning a home. But more often than not, buyers do not end up as homeowners. And, most Midwestern states provide little, if any, consumer protection to prevent abuse.
Source: nebraskapublicmedia.org
Contract for deed: The promise of homeownership that often leaves Midwest buyers out in the cold
The contract for deed option is marketed as a way for people who can’t get a conventional mortgage to realize the dream of owning a home. But more often than not, buyers do not end up as homeowners. And, most Midwestern states provide little, if any, consumer protection to prevent abuse.
Source: hppr.org
Contract for deed: The promise of homeownership that often leaves Midwest buyers out in the cold
The contract for deed option is marketed as a way for people who can’t get a conventional mortgage to realize the dream of owning a home. But more often than not, buyers do not end up as homeowners. And, most Midwestern states provide little, if any, consumer protection to prevent abuse.
Source: kcur.org
Contract for deed: The promise of homeownership that often leaves Midwest buyers out in the cold
The contract for deed option is marketed as a way for people who can’t get a conventional mortgage to realize the dream of owning a home. But more often than not, buyers do not end up as homeowners. And, most Midwestern states provide little, if any, consumer protection to prevent abuse.
Source: stlpublicradio.org