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Real Estate & Property Law

: The Home Equity Theft Reporter

Georgia Woman With 30-Year "Lease Purchase" Agreement Seeks To Invoke New Federal Law Protecting Homeowners From Foreclosure Eviction

By r morris

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In Dalton, Georgia, the Times Free Press reports:When April Arrieta signed a 30-year lease-purchase agreement for a house in November 2008, she thought her family was finally home. "I told my kids we won't ever have to move again," she said. But at the beginning of June, the mother of five learned that First Georgia Banking Co. had foreclosed on her 4.5-acre property, owned by Paniagua

Full post as published by The Home Equity Theft Reporter on July 28, 2009 (boomark / email).

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