Where the buffalo roam - homesteading

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Different kind of homesteading -- from Buffalo Rising:
Homestead Eligible Properties: Buy a House in Buffalo for a Single Dollar
The Urban Homestead Program that is offered by the City of Buffalo enables qualified buyers to purchase a home that has been deemed "homestead eligible" for $1.00 and there are plenty of properties left. There are three main requirements when purchasing a homestead property; the owner must fix all code violations within 18 months, have immediate access to at least $5000, and live there for at least three years. You also have to cover the closing costs of the purchase.
A great idea -- some of the houses pictured have 'good bones' and would be really nice places after getting a new roof and getting their interiors brought back to snuff. The down side, you are still in the economic paradise that is Buffalo. Still, the potential is there and it used to be a beautiful city -- a lot of old industrial money there, just fallen on hard times as the industry was moved overseas to escape the onerous taxes and Union suckage...

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This page contains a single entry by DaveH published on May 27, 2013 9:43 AM.

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