Thursday, August 23, 2007

The Pitfalls of Predatory Lending

Predatory lending is a term used to capture a whole slew of techniques used by lenders to ensure the most beneficial terms for the financing institution at the expense of borrowers. predatory lending | predatory lending law | mortgageWhile there may be a preconceived notion of these practices affecting particular subsections of the population, predatory lending is something for everyone to watch out for when buying or selling at home.


Many of these types of predatory situations can be resolved by being vigilant and consulting a trusted realtor or related party that has a demonstrated consistent and reliable approach to the home buying process. There are a few steps you can take to ensure that your real estate transaction goes smoothly and therealtor/lending agency combination you choose is out for your best interests...[more Predatory Lending]