Easy home buy turns risky

Charlotte Observer | 01/17/2006 | Easy home buy turns risky: "Have you considered buying a home?' a stranger asked.Cassandra Boone had considered it plenty of times. She had hoped for a house, prayed for a house. But it had never seemed possible. At 44, she and her teenage daughter lived on Social Security survivors benefits and her $8.50-an-hour pay as a cashier at a party supply store.But that day in August 2001, Boone chatted with a customer she'd never met, a woman who was a real estate broker.She invited Boone to a seminar: Buy a home with little or no money down. Free food, games and prizes."
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