The pandemic housing market has been especially tough for homebuyers looking at the lower end of the price spectrum, so many are looking at alternative financing through land contracts, which can be particularly predatory. While it can be a potential path toward homeownership, assistant professor Eric Seymour says land contracts are particularly attractive for unscrupulous property dealers because rather than offering a property as a rental – which puts the property owner on the hook for maintenance and repairs – a land contract puts all the responsibilities on the buyer.
The Virtues of Public Service with Bob Gordon
The Virtues of Public Service with Bob Gordon We return to our regularly scheduled EJB Talks this week with Bob Gordon, a Senior Policy Fellow who joined the Bloustein School earlier this year. Dean Shapiro asks Bob, a former New Jersey legislator and BPU...
