over the following month courtney taylor came in person to collect the installed payments indicating no surprise that the houses condition did not know that he bought it for $2100. he thanked her and called her man even as he struggled the padding was stuck to the floor he couldn't afford to fix the cracks and replace the roof. condensation appeared on the walls in several rooms of the house. across the country speculators made purchases of these properties with land contracts it would be the unprofitable properties from their portfolios often in minority communities. properties left vacant with low rents are prospects with long-term investments and the speculators turned to land contracts to avoid the regulations that would have applied to a sale or rental arrangement. that would have disclosed the quality of the property landlords would have to maintain properties in return when tenants left. the speculator is the population similar to those that fell victim to subprime mortgages helping low income families that could not qualify for traditional mortgages attain homeownership. home