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Ellison sues real estate broker Chad Banken over alleged schemes involving contracts for deed

Ellison sues real estate broker Chad Banken over alleged schemes involving contracts for deed
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MN Lawmakers Propose Reforms to Contract-for-Deed Home Sales

Minnesota state legislators said the contract0for-deed deals harmed members of the Somali community in and around the Twin Cities.

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MN Lawmakers Propose Reforms to Contract-for-Deed Home Sales — ProPublica

The state legislators said the home deals had harmed members of the Somali community in and around the Twin Cities. Some buyers have lost their homes.

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How Contracts for Deed Put Families at Financial Risk — ProPublica

Contracts for deed seem like an easier path to homeownership, but they often come with a huge financial risk for vulnerable families.

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