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Homeowners who don't understand the complex loan terms, or who can't maintain insurance and property tax payments, could lose their homes.
Immigrants and minority borrowers are particularly dependent upon real estate professionals because they may not speak fluent English or understand the complex loan terms and documents, which can certainly confound native speakers as well.
Similar(58)
Meanwhile, many students, like older family members who found themselves underwater on home mortgages, don't fully understand the complex process of loan renegotiation.
They understand the complex, byzantine nature of the law.
But to understand how to reduce recidivism, we must understand the complex disadvantage of people in the prison system.
Rose and Douglas help us understand the complex reality behind the headlines.
The initiative will seek to understand the complex causes of urban violence and find practical solutions.
Instead, they engaged and worked to understand the complex issues.
No one understood the complex plot, but Goldwyn was serene.
Make sure that you understand the payday loan company's policies.
Don't be afraid to ask questions if you don't understand the type of loans they're proposing.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com