Buying a home for $100.00 down - A bittersweet deal

I was talking to a realtor friend today who lives in Atlanta. We were reminiscing about the days when real estate was a stable, viable commodity. You could have never told us five years ago that the housing market would be in the mess it is in today. But as always, one's loss is another's gain.

I just received an email today notifying me that foreclosed homes offered by the Housing and Urban Development Department (HUD) are selling for $100.00 down. This is bittersweet because it is a great deal for someone. But, on the flip side, some family has lost their home.

The wonderful thing about America is that we can always rebuild. If you have lost your home, be encouraged because there is help available. If you have managed to survive " the credit crunch", and can buy a home in this economy, it is important that you work with a professional that specializes in foreclosed homes.

For more information contact the author at 317- 410-4110 or vfinch@intcredit.info.