Imagine getting first shot at properties owned by failed savings and loan corporations, sleazebag outfits that speculated with old people’s pensions, then went crying to Uncle Sam when the money went bye-bye. The Federal Deposit Insurance Corporation (FDIC) has set up a hotline for a listing of properties for sale from failed savings and loans. Contact the FDIC, 1910 Pacific Ave., Dallas, TX 75201; 800-568-9161 or 888-206-4662; www.fdic.gov/buying/index.html; E-mail: firstname.lastname@example.org
Income Eligibility: Family of 4 – $69,000. These income requirements are estimates and you should check with your local office to verify eligibility as many programs have exceptions and the income amounts change often and vary from location to location.
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