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 Tagged as 'Buying Real Estate'
How to Buy a HUD Home for One Dollar
Jul. 16th, 2009
Buying A Home During The Recession
Jul. 8th, 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. 2nd, 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 [...]
Tax Credit For First-Time Home Buyers: Are You Eligible?
Jun. 30th, 2009
Owning a home is the dream of every one. But, if you think that you cannot fulfill your dream because of the economic recession, the federal government has come up with an $8000 tax credit plan that will rekindle your interest in real estate. The plan will infuse energy into the real estate market. But [...]
The Brentwood Neighborhood of Austin
Jun. 30th, 2009
The neighborhood of Brentwood in north central Austin was originally a cotton farm until about 75 years ago, when the City of Austin annexed the land and land was purchased to build a school, Brentwood Elementary, which opened in the early 1950s. Brentwood is the name used to refer to the area of Austin between [...]
Mortgage Foreclosures Or Tax Foreclosures – Which Investment Strategy Is Best?
Jun. 30th, 2009
If you’ve already figured out that foreclosure investing is the right way to make money in today’s market, congratulations- you’re one step ahead of most people investing in real estate. But when most people hear the term “foreclosure,” they immediately think “mortgage foreclosure”- what happens when people don’t pay their mortgages, and their homes are [...]
Least Risky Markets to Invest in Real Estate
Jun. 30th, 2009
Savvy investors across the U.S. have been watching the real estate market to see which ones look like they will soon hit bottom and begin bouncing back from all the foreclosures. There are several that are experiencing either a slowdown in falling prices or are bouncing back already. These are the markets that are the [...]
Buying an Investment Property : How to Spot Bargains
Jun. 26th, 2009
Buying an investment property can be really financially gratifying. Smart investors know that to win in the property investing game, one must find the best property deals. Still, not all investors are the same and many have actually lost money while learning the ropes, so to speak. This article outlines several great tips to help [...]