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    05/13/2009

    Foreclosed homes for Houstonians

    There is a new program Harris County is starting that will buy and sell foreclosed homes.

    A federal program passed in 2008 is giving 8 million dollars to the county for the initiative.

    The program is for low and middle income families who have not owned a home in the last three years.

    The county will buy the homes then sell them for less than the purchase price.

    The county will also spend up to ten thousand dollars on each home it buys to make repairs before selling them.

    The first homes should be ready for sale the first week of June and interested buyers are being told to contact real estate agents to locate a home that qualifies.

    The homes are in specific Harris County zip codes. 77014, 77015, 77029, 77037, 77038, 77039, 77044, 77049, 77050, 77066, 77067, 77073, 77093, 77338, 77396, 77521, 77530, 77536, 77547, 77562, 77571, 77587.