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Latino homebuyers face uphill battle in effort to keep homes
Tagged: California
Real estate experts say the mortgage mess has hit the Hispanic community especially hard, in part because Latinos represented such a large chunk of the class of first-time buyers who — it seemed — finally had a chance to borrow money and chase the dream of homeownership.
In many cases, people simply bit off more than they could chew.
In some cases, mortgage brokers helped bring people into the market who they knew or should have known would struggle, according to real estate professionals.”*
*From: www.napavalleyregister.com
Traducido: usando Google o Altavista/Babel Fish
Curation from Tomás
Filed Under: 1. Hispanic News, Business News, Real Estate, Top Stories, Your Money
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