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Back in the 1980s, there were houses in Detroit that could be bought for literally $100 BUT the stipulation was that you had to put so many thousands into these houses The house that you want to buy, is it HUD or a foreclosure or condemned? I haven't heard of the law that DIY'ers can't fix...

My mother is looking to buy a house here in northern Mich and is facing some of those same questions. She lives in the Ann Arbor area (about 3 hours south of us) and still owes money on her house. There are 2 houses she is considering here: an older style farmhouse built in 1906 and a small...