You can get capital gains tax treatment if you sell it after living in the house for 2 out of 5 years (READ: KEEP AN EXTRA $1000+ FOR EVERY $10,000 IN PROFIT).Make it nice (visit your neighbors that have nice looking houses), not over the top, and take care of the house while you're living in it.

As for displaced Katrina victim's.....I agree that some of the individuals are not adjusting well to their new enviroment but, many are becoming productive citizens and adding to Houston's strong economy.

Above the link you clicked on it says "Ads by Google" . . . that said, I went to the site you mention, and It states that it will cost $35 for full access to the listings - you had to give them your credit card to access them. . . .

If you want to advertise, we can discuss our ad solutions.

Can the costs be added to the loan?

In 2003, an electrical system was added to each water heater to charge the ions inside each heater to prevent sedimentation at a cost of $9,548.

I am speaking about what is known as the "Redemption Periods" the previous owners have and the restrictions placed on the titles.This is an advanced auction and is best suited for an investor that has extra money available that they won't miss while it is tied up in the property.I am in no way suggesting that tax sales are not good investments.

In Central Texas I can get a decent 2 bed 2 bath apartment or in my case a little bit older 2 bed 1 bath duplex (I gave up the newer place and extra bathroom for a huge backyard.)

It seems like a win win situation, they don't loose their credit, you get a property for cheap, you can give them some extra money that you didn't pay for the home as some incentive, and they won't tear the crap out of the house like most people do when their home is foreclosed on.What are the risks involved?

What is a must when you put your classified ad?