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Land Installment Contracts: The Most Recent Wave of Predatory Residence Lending Threatening Communities of Color

Land Installment Contracts: The Most Recent Wave of Predatory Residence Lending Threatening Communities of Color

Made to fail, land installment agreements exploit low-income homeowners that are would-be particularly in communities of color, draining them of resources and sometimes making them homeless. Regulation can alter that. Land installment contracts aren’t brand brand new, however they are historically predatory. In these house purchase deals, also called agreements for deed, the customer makes […]

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