Actually, New Line Equity is a great company. Heres why:
They are showing you how to purchase a home without a loan.
What this MEANS is, you do not need a downpayment, credit check, or upfront deposit to move in.
Because the loan stays in the original persons name, and the title is yours, and you would just pay onto that loan each month as the new owner of the property. Now how GOOD is that?
Now some of you smart allecks might say, "Well that violated the 'due on sale clause'". But what you fail to realize is, in today's market the lenders do not care WHO is making the payments, only that they are RECEIVING them.
New Line Equity is a service like any others that needs to charge money to operate, you should READ the INVALUABLE materials more carefully before you go complain about them.