Mushmouth
07-06-2017, 07:11 AM
The suit, filed in U.S. District Court, includes 17 plaintiffs, who say they were misled by Harbour Portfolio and associated companies into thinking they were becoming owners when they signed agreements that effectively made them renters.
Harbour targeted black areas with the deals, known as “contracts for deed” or “land contracts,” which gave the plaintiffs “all of the obligations of homeownership with none of the rights,” according to the filing.
http://www.ajc.com/business/real-estate/texas-firm-accused-preying-black-would-homebuyers-atlanta/wTKNMzmAcIyOwlsy2WhRCN/
Harbour targeted black areas with the deals, known as “contracts for deed” or “land contracts,” which gave the plaintiffs “all of the obligations of homeownership with none of the rights,” according to the filing.
http://www.ajc.com/business/real-estate/texas-firm-accused-preying-black-would-homebuyers-atlanta/wTKNMzmAcIyOwlsy2WhRCN/