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Is rent-to-own predatory lending?

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“Alternative home-purchase agreements often are being marketed to financially distressed consumers, promising a path to homeownership, but putting consumers at risk without the protections of a mortgage,” Vullo said. “As the state regulator of financial institutions in New York, DFS takes very seriously its obligation to protect consumers from predatory lenders. This alert is being issued to create awareness among consumers and to let them know that lease-to-own, rent-to-own and land installment contracts m

Source: Is rent-to-own predatory lending?

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Rodwell Smith

Ever since I can remember, I was always fascinated with my Dad’s and Grandfather’s proficiency very fervently. They could start with a bare piece of land and create a structure for a most appreciative owner to live a better life. RodwellBuildingServices is the career achievement I'm most proud of now. Especially since it started from full utilization of my know-how, every bit of skills and technical capabilities. My life has come full circle to my fathers' as I start with any under improved property and make it into your dream. My niche in the real estate industry is constructed-to-order real estate transactions are my life of services and daily adventures in and around the capital of the free world. RodwellBuildingServices™ benefits keenly customized property sellers, buyers, and users in Washington, DC and up to 50 miles around Maryland and Northern Virginia. We speak to our customers as a Property Improvement and Modernization Builder/Realtor expert. If we haven't provided you with “the real services and the right property for your order,” at any time up to 5 years - we will sell it back from you and help you with a more custom fit.

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