Quote Originally Posted by Spartan View Post
Yeah, the income minimum does seem low. I can't imagine buying any house on that kind of salary, let alone one in B-E, while needing help with the down payment.

edit: whoa I totally read that wrong. You have to be UNDER 32K to get assistance? I no longer agree with the program. To me, that is encouraging people to buy that will likely fail. How are you supposed to succeed in purchasing, rehabbing and upkeep with low income and low capital like that?
I don't really agree with this. It would be very difficult to maintain an old, large house on 32K, but a smaller house should be manageable if you can do some work yourself. People have to live someplace, and buying is generally cheaper than renting in Detroit, even including maintenance. However, if you buy something three times the size of what you would rent, not.