hr block: You still can buy investment homes for ZERO down. New Ones!
- 01/16/09 02:37 PM
How is this still possible, with banks so afraid to lend money today?Sometimes you can find a New Home Development where the builder ran out of time before the market closed in on him. And then the bank swoops in and takes over the development. But the bank has to finish the development before it can sell anything. Usually, the houses are not quite finished. Maybe they need carpet and sinks. Or sometimes just landscaping and a doors. But nevertheless, whatever needs to be finalized, the bank, now owner, will finish and sell on the open market.Most banks want to clear their books. … (0 comments)
How is this still possible, with banks so afraid to lend money today?Sometimes you can find a New Home Development where the builder ran out of time before the market closed in on him.
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