HUD Homes for $100 Down!!
I've been selling HUD homes since 1990. A Hud-owned home is one that used to have an FHA loan on it, where the original owner defaulted, and now it's owned by the Department of Housing and Urban Delopment ~ HUD. My clients call me "Bud the Hud," because they know that I listen to them and tell them the straight scoop about qualifying and bidding on HUD homes. I also tell them about all current HUD incentives which have included "$100 Down, 3.5% in Hud paid Closing Costs, Repair Escrows, the Police Officer, Fireman, EMT and Teacher Next Door Programs," and all other applicable HUD incentives and policies.
You should consider a HUD because of the easy qualifying ratios and also the Seller paid closing costs and repair escrows that make it easy to get into one of these homes with very little money.
Congratulations on your decision to look at HUD owned homes. These are homes that had FHA insured loans that were defaulted on. FHA stands for the Federal Housing Administration. You need only 3.5% down and 2 years on the job to get one of these homes, and they are a very good way for a new family to enter the world of home ownership.
Popular incentives include: $100 down gets you a HUD home; up to 3.5% in HUD paid closing costs; Repair Escrows paid by HUD, FHA 203K loans where you borrow the repair costs and get them partitioned out to you as your home remodeling progresses. Also, the Officer, Teacher, EMT next door program allows those designations in a HUD approved redevelopment area to buy a home at half off!!! Don't forget, Investors can bid on HUD homes after the public has had a chance to do so, and snap up some pretty good deals.
All bidding is quick and easy, done online through a HUD registered realtor. I happen to be one of the HUD approved realtors through which you can bid. HUD pays my commission.
Email me today at budherzog@msn.com and find out why they call me "Bud the HUD!" Call me at 303-932-7653 to see these homes!
I've linked you to the national site for HUD homes; http://www.hudhomestore.com/HudHome/Index.aspx It's a great resource tool to learn about them, the bidding process and everything else regarding them.
I can provide you with up-to-date market information to determine what these homes are worth, and what recent bid results have been in your target area, and to help you develop a winning strategy without leaving much on the table. Remember, my goal is to:
GET YOU THE HOUSE WHILE SAVING YOU TIME AND MONEY!!!
