The New York Department of Financial Services revealed Monday that it is currently investigating whether alternative home purchase agreements, such as rent-to-own, lease-to-own or land installment contracts, currently being offered in New York are actually “unlicensed, predatory mortgage lending.”
Source: New feed
Randy Klingel - Commercial Realtor
About Randy Klingel
With years of experience as a licensed builder, real estate investor, and small business owner, I truly understand every aspect of the real estate industry, from home sales or purchases to new construction to laws and regulations. More than 18 years experience as a home builder and 20 years as a property investor have given me a passion for real estate that I am eager to share with all of my clients. This passion, along with an entrepreneurial spirit garnered from years as a small business owner, ensures I will go to any length to achieve my client’s real estate goals!
Leave a Reply