Due to the collapse of subprime lending practices and "dubious" loans automatically assumed by more reputable commercial banks, the U.S. real estate market has suffered greatly. Our outgoing President Obama entered his term when Congress had already introduced the "bailout" as a partial solution to save America's major corporations and, therefore, industries. The real estate market has seen an astronomical number of foreclosures during this economic downturn. As a result, distressed real estate purchases provide buyers with options they may not have otherwise had, had the market held the most esteemed values ​​and prices. A buyer with $150,000 in cash has the opportunity to purchase a distressed property for well below market value, which in this type of market is much lower than 4 years ago, provided that the amount of garnishment the “seller” owes is less than the market value. In other words, a buyer purchasing a distressed property would do well to offer a contract price higher than the outstanding mortgage amount in order to cover the bank owner's investment in the property. So, my first recommendation would be to find a suitable property with these types of purchasing characteristics: The value of the distressed property is greater than the foreclosed loan amount. Then I would bid on the house to cover the amount of the outstanding bank loan in order to close the sale. If purchasing a distressed property from potential buyers with good credit, I would obtain a loan from a long-standing, reputable commercial bank. Preferably, a low interest loan product would be ideal. However, if a variable home loan were the only option, I would look for one with a fixed interest rate for at least five years, and make sure we're there...... middle of paper . .....ves, etc.4 Use part of $150,000 to acquire additional “green” funds/incentives or to partner with green home improvement shows/networks.5 Use the remaining $150,000 and excess funds to make the house green through energy efficiency, first improving the bathrooms and kitchen (for bedrooms). which add the highest resale value), then heating, plumbing and electricity. This plan provides for maximum personal enjoyment, adding green value that saves energy costs and takes into account respect for the environment (social responsibility) while using materials that will last (fewer upgrades and repairs over time). over time of ownership). If the owner does not personally occupy the home, I would recommend listing the green home for sale, providing long-term savings to any new buyers. However, if I worked that hard to go green, I would be moving into a new, once-struggling house gone green.!