| What is HUD House about ? HUD House is a journal recounting the purchase and renovation of a foreclosed, as-is house bought from the Department of Housing & Urban Development. Inserts throughout the book highlight issues that arose during various phases of the project: Purchase: Do you need a lawyer? Renovation: What tasks are needed to repair each room? Decoration: Can you really phone a mattress? Who would be interested in HUD House? * Families who receive an inheritance but who want to invest only some of it for a down payment on a house while keeping some for improvements. In that way they can get a better house and continue to make mortgage payments that are in keeping with their usual income. * Workers who obtain jobs such as defense work, political work or fad industry jobs that will pay well only for a while. They can buy fixer-upper housing in upscale areas and continue to live there even after the inflated phase of their work has passed. * Young People who can start in a modest house and use their increasing income to improve that house as time goes by. |
