Thank you for your reply. 

@Ehab Tadrous If I understand correctly you signed a contract with him to sell the property for $27k.

Everyone, thanks for all of your replies. 

almost every nice home is above market value in our town. reason being is our sewage pond is to small for the growth we have encountered so there is no building permits for the next year and half roughly. the only option is to buy an already built home or have your own septic system which there isn't a lot of land for sale either. so the market here is very crazy. our realtor also hasnt sold in our town. so im very confused on our situation. thank you for the reply.

Once you have made it, it will take you seconds to see if the numbers are correct for you to proceed.Spreadsheet can be run on your phone, tablet or computer.

@Joe Villeneuve is correct.

They should be able to direct you on how to go about being paid off.Hopefully they had the correct policy in place.Jeff V

Since this is my first home purchase, and correct me if I'm wrong, I could apply for a FHA loan, which would come with a low interest rate, but I could also get a 203.

If the HOA is not financially managed correctly, what else is mismanaged?

You will waste more time than its even worth putting pics up on gosection8.com, if you don't have boots on the ground helping with tenant placement, and the paperwork will never get processed correctly or will take a much longer time if you don't have a person that knows people in the voucher office.