The victims of the alleged scheme say they were sold houses in Bedford-Stuyvesant, Bushwick and Brownsville - some at more than $100,000 over their actual value - after responding to ads for United Homes in the Daily News and on subway billboards. HOME BUYERS: WE WERE DUPED
They say the ads - which always featured minority families and the tagline "We can Make a Dream Come True" - targeted them because they were financially inexperienced.
Now, several of the first-time home buyers are in foreclosure on their mortgages.
Suit: African-Americans targeted in 'lemon' home sales
Taking a look at the offerings on their website, they see, to only specialize in crap.
2 comments:
First, lenders were criticized for not being in minority nabes, then criticized for being in them! Go figure.
Caveat emptor.
[Just what is being taught in Economics classes in the city school system?]
I was always taught at a very early age
to watch out for "deals"
that sound too good to be true.
Then again, I'm from another generation.
We didn't have "I-pods"
plugged into our ears all day!
If I spent too much time watching black & white TV
,instead of learning something useful,
my parents would have kicked my ass!
You are what you've learned !
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