It s time someone told the truth about today s
real estate market. Time someone ripped the lid
off the whole mortgage racket. Time you were
shown what s really happening--and what you
can do to protect yourself.
Now there s A Consumer s Guide to the
Mortgage Maze: The Risks and Rewards of
Creative Real Estate Financing, Based on six
years of research, it s comprehensive and
authoritative, yet easy to read and understand.
You can t count on the real estate establish-
ment to tell you what s best for you. You must arm
yourself with the knowledge of the full range of
alternatives available. And as for today s highly
touted "creative financing" techniques--many of
them are too complex, too risky--as in the follow-
ing cases:
To avoid a due-on-sale clause prohibiting
assumption of the existing mortgage,
buyer and seller agree to transfer the
property via a"land contract," The buyer
then disappears, owing a pile of money
to contractors and workmen he hired. The
seller discovers to his shock that he is
liable for these debts--since under a land
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