Tuesday, October 25, 2011

Now You Can Buy a Home For As Little As $100 Dollars in 28 States...But Not Virginia

No kidding.  Another genius idea from the Housing and Urban Development Administration (HUD) to help banks offload the depreciating assets they don't want.  The US GOV will waive the 3.5% downpayment, and the 3% closing costs.  Virginia is excluded because it is a "recourse" state.  Read all about it.

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