Saturday, June 13, 2009

HUD $100 Down Payment Program

Posted by Molly Hay under For Buyers, For Sellers, General Information, Fave Neighborhood, Ask a REALTOR
$100 Down Payment on HUD Homes!

HUD has announced several new sales incentives on HUD homes that will make
these homes more affordable for homebuyers.

HUD has a special program for a limited time only which allows an owner-occupant buyer to pay only $100 down, instead of the usual required 3.5% down, and HUD will pay up to $2500 towards closing costs!!!!

In fact even some of my clients are getting any where from $500-$1500 back at closing!!!

If you ever thought about buying your own home…NOW is the time…
ONLY $100 down payment on a beautiful HUD home
* Large inventory of HUD homes available.

* Loan interest rates are low which means you can buy more home today

* Bargain prices on HUD Homes ready to move into now, Most properties are $30,000 - $100,000 below appraised market value!!!

Here are the requirements:

•It must be an owner occupied home. This is not a program for investors.
•The home must be purchased with FHA financing.
•This loan incentive is also available to owner occupant purchasers who obtain a FHA Home Repair loan. (203K Loan)
•Homes must be purchased through a HUD registered real estate agent.
•You do not need to be a first time Home Buyer
Now is a good time to consider the purchase of a HUD home in the Columbus OH area.

Please feel free to email me your contact information and the areas you are considering and I will email you HUD properties in the Columbus Ohio area.

Visit my HUD website at

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