hud foreclosure at Business Foreclosure

 “There’s so much inventory out there that the buyer can pick and choose,” said Susan Sirles Fidler, a Realtor at Re/Max 10, Oak Lawn. But she cautioned, “The stuff that’s almost free is almost free because it’s going to cost you an arm and a leg to put it back together. It’s not buyer beware as much as buyer be smart.”
                        found at chicagotribune.com.

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hud foreclosure

8 Points I Should Remember to avoid hud foreclosure ?
Tips from the HUD U.S. Department of Housing and Urban Development

1. Don't lose your home and damage your credit history.
2. Call or write your mortgage lender immediately and be honest about your financial situation.
3. Stay in your home to make sure you qualify for assistance.
4. Arrange an appointment with a HUD-approved housing counselor to explore your options at (800) 569-4287 or TDD (800) 877-8339.
   
5. Cooperate with the counselor or lender trying to help you.
6. Explore every alternative to keep your home.
7. Beware of scams.
8. Do not sign anything you don't understand. And remember that signing over the deed to someone else does not necessarily relieve you of your loan obligation.

Act now. Delaying can't help. If you do nothing, YOU WILL LOSE YOUR HOME and your good credit rating.

read also

Hud apparaisals  Velazquez's Fight to Preserve Affordable Housing

Economic Indicators hud housing in odessa texas 'spectacular'

Ingham said the Midland-Odessa construction sector "was simply on fire all year long" and wasn't slowing down at the end of the year with the nearly $370 million in construction projects offering economic stimulus for up to the next two years. Equally impressive has been hud housing in odessa texas construction, with 180 building permits issued in Midland-Odessa in the fourth quarter, up 52.5 percent from the same three-month period of 2005. For all of 2006, 740 permits were issued, up 38.8 percent from 533 in 2005.

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