The law went into effect July 1 after passing nearly unanimously in the 2024 legislative session. A new law regulating contract for deed home sales is now in effect in Kansas. Contracts for deed allow ...
For years, we have read stories about the mortgage crisis — homeowners in foreclosure, subprime lending, and banks in distress. But in South Texas, there is another major mortgage problem that gets ...
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Some people who can't qualify for a mortgage, turn to a thinly regulated arrangement called contract for deed. Similar to renting to own, it rarely results in a buyer taking possession of the home.
ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for Dispatches, a newsletter that spotlights wrongdoing around the country, to receive our stories in your inbox every ...
Marisela Orozco (foreground) is letting her sister, Marissa, live in the house she thought she would own after making almost four years of payments. Marissa lives there today rent free, but pays the ...
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.
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