Buy a Home for 50% of the Appraised Value via the Housing and Urban Development (HUD) "Good Neighbor Next Door" Program:
If you're a law enforcement officer, teacher, firefighter or emergency medical technician (EMT) and you're thinking about purchasing a new home to live in yourself, then you NEED to learn about a program offered by the Housing and Urban Development (HUD) agency called "Good Neighbor Next Door".
In an effort to strengthen America's communities, this program offers HUD owned single family (one-unit) homes to eligible participants at an ASTONISHING 50% discount! That is NOT a misprint... if you're an eligible participant, then you can get a 50% discount off the HUD appraised value. For example, if HUD lists a home at $100,000, you can buy it for $50,000 provided, you occupy the home as your personal residence for the required occupancy period. If you qualify for any FHA-insured mortgage program, your downpayment is only $100 and you may finance closing costs!
To find out more information, visit the following link: http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/reo/goodn/gnndfaq
- Mike Gregor | Realtor®