Taking a Toll: Why Home Buyers Say They Lost Their Life Savings When Trying to Purchase Homes

"I need a lot of help," Singleton said. "Because it doesn’t make any sense."
Real estate agent and grandmother Tarshia Brown lost $52,000 when she put the money down to buy a house in Prince George's County, Maryland. "That $52,000 could have put my daughter through college. It could have put my son through college," she said.
Taking a Toll
Singleton and Brown tried to buy their homes from Toll Brothers, which describes itself on its website as "America’s leading luxury home builder."
Federal mortgage data shows Toll Brothers sells more homes here in the D.C., Maryland and Virginia region than anywhere else. It also owns its own mortgage company, TBI Mortgage.

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