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Protected: RE Grad Call – Q&A 11-17-2011
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Buy a HUD Home for Only $100 Down?
Daily Real Estate News | Thursday, November 10, 2011 In several states, the U.S. Department of Housing and Urban Development is offering home buyers foreclosed homes with only a $100 down payment, in trying to unload some of its inventory. The incentive runs until October 2012. To qualify, purchasers must be an “owner-occupant,” intending to live in the property and not rent it out. They also will have to qualify for Federal Housing Administration financing, and have to offer the full list price for the home. Some additional eligibility requirements: […]