HUD Dollar Homes are homes that have been taken back by the Federal Housing Administration (”FHA”), which is part of the U.S. Department of Housing and Urban Development, as a result of a foreclosure. An FHA insured loan basically protects the lender in the event the homebuyer defaults on the mortgage. The FHA covers the [...]
Entries from July 2009
How to Buy a HUD Home for One Dollar
Jul. 16th, 2009
Buying A Home During The Recession
Jul. 9th, 2009
Purchasing a new home is the most exciting time for the potential buyer. First time home owners can benefit from some real first time promotions. Buying a home in today’s economy is a benefit to the buyer. This is a buyers market. A seller’s market is a market where home sales are high and there [...]
The Hancock Neighborhood of North-Central Austin
Jul. 7th, 2009
The Hancock Neighborhood of North Central Austin is a historic area just north of the University of Texas Campus and downtown Austin. The Hancock Neighborhood is very close to historic Hyde Park, and some of the streets and borders of the two neighborhoods overlap or are adjacent to each other. The boundaries of the Hancock [...]
Buying A Vacation Home In Today’s Real Estate Market
Jul. 3rd, 2009
Want a place to get away? While the idea of buying a vacation real estate may seem unrealistic right now, it is actually a great time to buy that get-away home. Finding an affordable home is possible because market prices have plummeted all over the country, people are trying to unload pieces of property they [...]
Why You Should Buy Real Estate During Recession
Jul. 1st, 2009
We have all heard the bad news about the economy. Turn on any news program and more often than not the leading story is a doomsday report of layoffs, budget cuts, and the recession. However, rarely do you hear about the flipside of an economic downturn, which is that the real estate market is a [...]