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.
Source: propublica.org
Larry Wertheim News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Larry Wertheim. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Larry Wertheim Today - Breaking & Trending Today
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.
Source: startribune.com