Sunday, April 22, 2007
Warning
Do anyone plan on buying a house any time soon? Be Careful because predators are out there. The are saying that people are putting down over 85%less of money that the really did. The Senator Charles Schumer said over 6000 homeowners are expected to be in foreclosure. Willie Mae Frierson was a victim in predatory lending. The home that she bought is now facing foreclosure. Papers on the house stated that she only put down $5000 when she really put down $57000. Predators are out there so people need to be more careful when it come to buying homes.
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