HUD House [Paperback]

Nancy Lapidus (Author)

Book Description

Publication Date: August 8, 2002

Taking on a handyman special can be a path to a dream house, but what is the fair price for a wreck? The U.S. Government provides the answer through its foreclosed homes offerings by the Department of Housing HUD House is a journal account of a successful bid and the rehab of a HUD house. Readers of HUD House will see how we bid and how we overcame snags in the process, will obtain methods of finding workers, will learn something about the actual daily process of rehabbing a modest home and might be able to decide if they want a HUD house. The journal includes inserts about issues raised, such as Do You Need a Lawyer?HUD House is pertinent now because:The market is more transparent today. Data about real estate prices are available on the Internet and in local newspapers.The Internet now makes it possible to find HUD offerings daily. The bids can be submitted through Realtors via the Internet or by phone. In this generation of mathematicians and surgeons, construction knowledge is not commonly around us. HUD House goes through the process day by day.

Editorial Reviews

About the Author

Nancy Lapidus is a retired high school biology teacher. She is a past president of the New York Biology Teachers' Association, and a founder of the newspaper Adaptation, its official publication. She won the Alice B. Crow Award for dedication in counseling with her thesis recounting the mammoth efforts required to originate a drivers' education course in New York City high schools.Arnold Lapidus started his working life in a gas station when he was thirteen years old. There he picked up knowledge of simple objects like screwdrivers, pliers and Philips head screws. Later he learned about math and computers and used this knowledge in a successful career whose theme has been to make difficult subjects easy to understand. Nancy has previously bought a fixer-upper for $44,000 and sold it for $73,000. Arnold notes the gross profit is greater than 50%.Arnie and Nancy currently live in the HUD house in the Poconos, Pennsylvania.

Product Details

• Paperback: 276 pages
• Publisher: AuthorHouse (August 8, 2002)
• Language: English
• ISBN-10: 1403310610
• ISBN-13: 978-1403310613
• Product Dimensions: 8 x 5 x 0.6 inches
• Shipping Weight: 7.2 ounces (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #3,847,308 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

1 of 1 people found the following review helpful:

5.0 out of 5 stars Review by the Author, August 24, 2002

By 

nancy lapidus "nanlapidus" (Tobyhanna, PA USA) - See all my reviews

This review is from: HUD House (Paperback)

HUD House is a practical guide to buying a government* foreclosure on the Internet and transforming it. The authors have written a journal of their experience. They periodically step out of the main text to share their thoughts on cuttiing red tape, finding contractors, scheduling tasks and the like. They didn't think they actually put in a lot of sweat equity; instead, they call their extensive planning and strategizing "programming equity."

This is a book for people with good credit. It shows the way to bootstrap into a modest house. Other readers might be people who have a little cash but who want to keep their mortgage payments low, retirees, employees of fad industries and recipients of windfalls.

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* U.S. Dept. of Housing & Urban Development