How do you find a house for ten or twenty thousand dollars?
In three steps:
1. Find towns that are affordable.
2. Find houses you like.
3. Make an offer.
1. Affordable TownsAltoona, Pennsyvania still had dozens of homes for sale for
less than $30,00 when I checked today. The cheapest one is
listed for $7,500. As the photo on our site shows, this is a
cute little town, yet still big enough to have everything
you need.
Hot Springs, Arkansas has houses under $20,000, the cheapest
at the moment being $13,500. Alamogordo, New Mexico is a
town we like a lot, and it still has homes for sale under
$30,000. Independence, Kansas has really inexpensive homes.
Prices start under $10,000!
2. Affordable HomesTo find houses that are for sale in these towns and others,
you can look up their local newspapers online, and check out
the classifieds. You can find a local real estate agent
online too, and give them a call. One of the best resources,
though, is probably www.Realtor.com, where you can search
any town for homes listed by price, number of bedrooms, and
many other criteria.
3. Buying A $10,000 HouseDon't think that if you don't see homes listed for $10,000,
you can't buy one. When we were living in Anaconda, Montana
(where we bought a beautiful house for $17,500), we watched
as a house listed for $18,000 eventually dropped to $9,900,
and then was finally sold for $6,000! In towns where houses
are this cheap, they often sell for much less than their
initial asking price. Make an offer!
About the Author
Steve Gillman and his wife Ana Blum traveled the country
exploring great towns where there are still affordable
houses. They bought a beautiful home in a cute mountain town
for $17,500, and created a website where you can learn how
to do the same. See a photo of their house and learn more
at: http://www.HousesUnderFiftyThousand.com