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Subject HUD-owned homes for $1 each....omg!! No Wonder the Values Are Dropping!

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Original Message Pleeze save 1 for me? pleeeeeeze!

HUD's Dollar Homes initiative helps local governments to foster housing opportunities for low to moderate income families and address specific community needs by offering them the opportunity to purchase qualified HUD-owned homes for $1 each.

Dollar Homes are single-family homes that are acquired by the Federal Housing Administration (which is part of HUD) as a result of foreclosure actions. Single-family properties are made available through the program whenever FHA is unable to sell the homes for six months.

More at link

[link to portal.hud.gov]

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