How to Buy Cheap Homes

We bought the house in the photo for $17,500 a dozen years ago in a beautiful mountain town. You can read that story on our page on buying a home in Anaconda, Montana. Prices there went up quickly after this purchase, but dropped again after the boom years -- a scenario repeated in many places. Now, even with prices on the rise again around the country, there are still a few nice towns with good homes under $50,000, but we also cover affordable housing at higher prices. Here are the pages where you'll want to start:

Some of the few towns left that meet our original criteria.

Nice towns and cities with inexpensive homes.

More places where you can still afford a decent home.

Affordable when measured by this key ratio.

Featured Pages - News - Tips

How to Find Inexpensive Houses - Updated July, 2014 - What to look for and how to quickly find the information you need.

Houses Versus Condos in Southern Florida - Whether you are moving to southern Florida to retire or for work, or just looking for a second home in a warmer environment, if you are buying rather than renting you have a choice to make. Will you buy a house or a condominium? There are advantages and disadvantages to each, and you'll find them explained below. Our comparison is based on six. Continue reading here.

Ten Ways to Increase Rental Income - If you own a few rental houses, an apartment building, or other residential income properties, you would probably like to increase your net income. Who wouldn't? And the obvious way to boost your profit is to just. Continue reading here.

Selling Tip - When selling a property, you should almost always put the price in the advertising. This keeps unqualified buyers from wasting your time. Also, many potential buyers just pass over ads without prices because the ones with prices are more interesting. The only reason agents skip the price sometimes is that selling your property is not any more important than getting a phone call from a curious buyer who will buy some property.

Lower Deposit - What if you don't want to tie up cash in an earnest money deposit for an offer that may not be accepted? Make it a two-part deposit. Give $1,000 in earnest money, for example, but specify in the offer that this will be increased to $3,000 once the offer is accepted, or an inspection, appraisal or other contingency is met. This keeps your money from being tied up until you know that the seller is serious about selling to you.

Cheap Homes Guide

Mobile Homes: A Decent Option - There are a few you may not have thought of.

Buying a Condo in Florida - We had to cancel the contract because.