PURCHASE AND REHAB YOUR HOME IN NEW  PORT RICHEY FLORIDA WITH AN FHA 203(K) LOAN - Most home buyers are turned off at the sight or even thought of buying a fixer-upper; a foreclosure or an older home today. However, educated and informed home buyers are utilizing the FHA 203(k) loan to buy their new home and fix it up with no additional out-of-pocket expense. The FHA 203(k) loan is a tool that savvy home buyers, successful contractors, Realtors and mortgage originators have been using since 1978. An FHA 203(k) loan is very similar to the traditional FHA loan. The only real difference is that with the FHA 203(k) loan, the home buyer is adding money to their mortgage balance to finance-in any repair/improvement cost. Whereas the traditional FHA loan requires that certain repairs be done ... 03/28/2011

So how do you stop a nationwide Housing Crisis based upon buyers being unable to afford the house.  How about providing incentives to people who can not afford to buy a house, to actually buy a house?  Sound pretty stupid, well it is the latest move of the Feds. those who do not learn from history are doomed to repeat it....and deserve to fail as a result so to fix the housing crisis, that was brought about by the push of the federal government to increase home ownership, the federal government has decided to 'aid people who can not afford home ownership' and convince them that with this government program they actually can afford the property EPIC FAIL   08/06/2010