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A state law passed three decades ago allows a sale to go ahead with just 80% of a condo complex in agreement. Once the deal is final, the remaining objectors have to sell their homes.
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The contract for deed option is marketed as a way for people who can’t get a conventional mortgage to realize the dream of owning a home. But more often than not, buyers do not end up as homeowners. And, most Midwestern states provide little, if any, consumer protection to prevent abuse.
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Research from Wichita State University's Center for Real Estate says the housing market will continue to favor sellers, but increases in construction are a sign more supply is on the way.
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Even as demand for rural housing grows, a shortage of lumber, labor and lending means developers are often priced out of building new affordable homes in small towns.
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Millennials in Amarillo are buying homes at one of the fastest rates in the nation, according to a new study by the personal finance website SmartAsset.In…
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Increased income limits through U.S. Department of Agriculture Rural Development may increase opportunities for rural families to own their own home.As…
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Texas minorities are less likely than white Texans to own their homes, reports The Texas Tribune. The state’s largest metro areas have some of the most…