$100 Dollar Hud Homes

ARE YOU LOOKING FOR AN ALTERNATIVE TO Down payment Assistance?

LOOK NO FURTHER THAN THE HUD REO $100 DOWN PROGRAM

• HUD REO Properties Only!
• Owner Occupied Only 
• Escrow Repairs up to $5000 
• Property Types: Single Family homes, PUD's, Condo's and 2-4 Units. Sorry, no manufactured homes.
• HUD Backed Incentive Programs For Buyers (region specific)

 HUD is offering several new sales incentives on HUD homes that will make these homes more affordable for homebuyers. The incentives vary from but may include the following:

• $100 down payments on HUD Homes financed with FHA-insured mortgage financing
• Sales allowances that can be used to pay closing costs, make repairs, or pay down the mortgage amount

About Buying HUD Homes for $100

What are HUD Homes?
A HUD home is a 1 to 4 unit residential property acquired by HUD though a foreclosure action on an FHA-insured mortgage loan. HUD becomes the property owner and offers it for sale to recover monies the loss on the foreclosure claim.

Who can buy a HUD Home?
Anyone that can qualify for an FHA Loan! If you have the 100 requirement and  can qualify for a FHA loan you may buy a HUD Home. HUD Homes are initially offered to owner-occupant purchasers (people who are buying the home as their primary residence). Following the priority period for owner occupants, unsold properties are available to all buyers, including investors.

How are HUD Homes sold?
All homes are available for purchase by the public are offered for sale at Internet listing sites maintained by management companies under contract to HUD. Any real estate broker registered with HUD may submit an offer and contract to purchase on your behalf. HUD pays the real estate broker's commission, if included in the contract.

Are there any special programs?
Properties in designated areas are available at a reduced sales price to law enforcement officers, teachers, firefighters, emergency medical technicians, nonprofits and local governments. Learn more about these FHA Good Neighbor programs.

Should I get a home inspection?
FHA encourage you to get an inspection after your offer is accepted. All HUD Homes are sold AS-IS, without warranty. HUD will not make any repairs nor pay to correct any problems.

 With the help of FHA you can realize the dream or  Home Ownership for $100.

Have Questions? Fill out a Quick Response form or (Apply Now).