CFPB & Dodd Frank put the final nail in the Land Contract coffin
Land Contract, CFPB & the Dodd Frank Act put the final nail in the land contract coffin. Allan Daniels recently spoke and a Renegade Detroit Investors Club meeting about the challenges that will now face land contract holders after the Dodd Frank bill is implemented in 2013. (just after the election) The Land Contract is one of the most popular ways of financing in our history and it is now no longer a financial viable option for sellers. Leaving millions without the opportunity to own their own home. The best way to protect the consumer is to make sure they don’t get land contract then no one will be taken advantage of well done….