Jerry Heard's (jheard50) Blog

FHA/HUD has a fantastic program for homes that have been repossessed. These homes previously had FHA loans on them. Some of the homes need minor repairs and often FHA has set aside funds to take care of those problems. The homes are in livable condition and may be able to be purchased for as litt...

For the last several years the real estate market has been hit with falling prices resulting in homeowners owing more on their homes than they are worth. To make matters worse the recession has resulted in high unemployment rates making it difficult, at the least, for many people to continue maki...