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To: markomalley

Wait, wait... They’ve repackaged rent to own where only a small percent of monthly rent goes to paying for the house as somehow being an ‘interest free loan’?

Wow, go Norwegians! What a way to screw young people!


8 posted on 01/20/2017 5:07:31 AM PST by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: kingu

Land sale contract, where title is not transferred until the note is paid off. Bank can disguise it as ‘rent’ making it easy to evict, but it is just semantics.


9 posted on 01/20/2017 5:09:29 AM PST by rstrahan
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