Latino homebuyers face uphill battle in effort to keep homes

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Posted on: March 24th, 2008
Filed Under: [ Hispanic News ] [ Top Stories ] [ Real Estate ] [ Your Money ] [ Blogante Business ] [ California ]

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“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: http://www.napavalleyregister.com
Traducido: usando Google o Altavista/Babel Fish

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