Seven Tips For Homebuyers

(Reblogged from CNBC.com)

The trouble with the Neighborhood Stabilization program

The trouble for states and localities eager to leverage the Neighborhood Stabilization program is getting to the houses faster than investors and homebuyers.

A House Made of Lego's

Imagine a house built entirely out of Lego's.

Well, James May, host of the British TV show Toy Stories, went a bit farther than imagining it. He built it!

Using 3.3 million donated Lego bricks, May along with thousands of volunteers constructed a colorful two-story home.

The right way to conduct a home inspection

Once you've searched through HUDforeclosed.com and found a listing that meets your criteria, once you've secured your financing and are contemplating making an offer, it is time to hire a good home inspector and conduct a thorough home inspection.

Do's and Don't's in Buying Foreclosures

Whether you're buying a home for your family to live in or you're an investor, buying a foreclosure can be an incredible opportunity.

As you get ready to start the process, there are some important Do's and Don't's to help you succeed:

Do have a strategy