Detroit’s $1,000 houses may be a lousy deal

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Yes, you can buy a house for $1000, and you will have exactly what you bought – a home that is worth exactly $1000. Good luck with the crime, ineffective government, failing schools, low employment rates, etc.

FHFA Director DeMarco: No Silver Bullet for the GSEs Senate bill requires response to short sale requests within 75 days Presently, it can take many months for any kind of response to short sale offers – if a response is given at all. The legislation imposes a specific timeline for response: After 3 business days: Acknowledge receipt of prospective buyer’s paperwork. After 5 business days: Notify of any missing paperwork.”Whatever set of reforms we decide on is going to require a period of transition,” DeMarco said. “That transition will take time.” He added that there is no “silver bullet” solution to revamp the way.

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Radical cheap: $1,000 homes. It’s a nice place with lots of light, but it needs a total rehabilitation inside, which Eissa estimates will cost between $15,000 and $20,000. But that’s not bad, considering that the home last sold for $72,000 in late 2007, according to

What may be the most intriguing idea in the entire contest would be even cheaper on an annual basis: Booker’s “baby bonds”.

Depending on a host of factors, that number may. White House for "inner city meetings." Steve Ragan, who is executive vice president of the Hope Network in Pontiac and president-elect of the.

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This isn’t your typical list of over-shopped and over-priced MLS listings, foreclosures, HUD homes, and REO properties. At most, those types of properties are discounted by 10% to 15%. Realtors may call that a deal. We call that "trash." The properties on this site are under-shopped and, as a result, under-priced. They are "under the radar" so.

Orr said the general-employee pension may be as little as 60 percent funded. While board members dispute Orr’s claim, it’s clear that real-estate. deal, who wasn’t charged, also paid for a Miami.

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The real estate market is so awful that buyers are now scooping up homes for as little as $1,000. There are 18 listings in Flint, Mich., for under $3,000, according to There are 22 in Indianapolis, 46 in Cleveland and a whopping 709 in Detroit.

But starting in November, he’ll have to pay more than $1,000 a month back toward. done by smartphone – and borrowers may.

RE/MAX: March home sales build momentum for 2014 NEW DELHI: global rating agency moody’s Investors Service on Monday said Indiabulls Real Estate Limited’s weak operating sales in the March quarter of financial year 2014-15 is credit. due to delay.

PAUL & LEEANNE'S NEW HOUSE & BLOCK/ CHEAP PROPERTY IN DETROIT The goal of this challenge is to turn $1 into $1000 within 5 days. This 24 hour challenge was both a living cheap hack video, and an interesting way to discover free and cheap things in NYC that.