Ah thank you for your site! Before your post, I didn't know the government auctioned off homes online and through following the links to the auctions I learned about the FHA $100 down payment program.
yeah but do you really want to live in an area that has HUD housing? Most of the time they aren't in the best areas and/or in high crime areas. also perhaps the house is gunna take 5-6 figures of work to rehab and become livable. far better ways to burn your $ unless you just really need a house ASAP to live in for a year.
That may be true in general but I’ve found through years of bargain hunting various items that there are always options that aren’t bad. It takes more work to find them, and you might have to wait a while until the right one comes. It’s worth pursuing.