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They are in business to make money. If you have bad credit . You will not get a mortgage loan to buy period. So to remedy that they charge high interest 10%. I bought home in last recession for low price and cheap monthly mortgage despite repairs needed. Because I...
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1 comment
#2251829

You didn't have to rent. Good.

I never liked papering the walls with cancelled rent checks. But do not forget the costs of taxes, insurance, loan interest, maintenance, equipment, improvement and loss through depreciation due to age and normal wear and tear when buying. And you have to mow the grass. Predatory lenders should naturally be avoided and publicly chastised.

I never understood the ethics of charging the less affluent more for the same thing (higher interest for home loans) as long as the borrower holds up their end and makes timely payments.

All that does is makes it harder for the borrower to stretch the budget to cover the house payment. That seems ugly and unfair and helps keep people in a cycle of scratching and scraping for a decent life.

ID
#3979061 Review #3979061 is a subjective opinion of poster.
Pros
  • Low down payment owner financing
Loss
$11
Preferred solution
No

Rip Off

Don't trust them. They only care about them selves and making money. Don't care for your well being.Dont recommend.
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2 comments
#1999221

" and making money." Isn't that the goal of ALL businesses? I believe you're looking for a charity if you want someone to "care " about you. Please feel free to look up business versus a charity if you can't figure out how these entities work...

#1999171

i have bought 2 houses from them no problems at all

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ID
#2485474 Review #2485474 is a subjective opinion of poster.
Preferred solution
Nothing

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New Reviewer

Great deal for people who can’t afford regular finance