Ellinwood Lawyer
All lawyers of Ellinwood, KS or refine by the following practice areas
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Legal Term Highlighted
limited equity housing: An arrangement designed to encourage low-and moderate-income families to purchase housing, in which the housing is offered at an extremely favorable price with a low down payment. The catch is that when the owner sells, she gets none of the profit if the market value of the unit has gone up. Any profit returns to the organization that built the home, which then resells the unit at an affordable price.
