Next Tuesday, May 25th, the NC House Committee on Financial Institutions will meet to discuss SB1015, The Homeowner and Homebuyer Protection Act, sponsored by Senator Josh Stein.
This bill would prohibit foreclosure rescue scams and create reasonable regulation and standards for option to purchase or "rent to own" contracts and contracts for deeds. These scams and unscrupulous real estate transactions are used to exploit and manipulate families struggling to pay a home loan or families who are having trouble obtaining a loan to purchase a home.
Please act today! To send your representative a message, click here.