Should you buy a house that needs repairs? Short answer: No Long answer: It depends Longer than you want to hear answer: I often work with buyers who are seduced by the siren song of the house that needs a lot of work. ‘Lot of work’ means different things to different people. A couple of [...]
Archive for the ‘Insured with escrow’ Category
Buying a HUD Home in TN
Posted in Chattanooga Real Estate, FHA, HUD, Insured with escrow, Low down payment programs on May 1, 2009 | Leave a Comment »
Buying a HUD house, i.e. a home owned by the Department of Housing and Urban Development, is generally the same as buying any other home with a few key differences. 1. HUD homes are listed for a set amount of time, usually around 10 days, before any offers will be considered. At the expiration of [...]
