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HUD $100 Down Program is Back for Select States including Texas
By Leesa Sandoval
Lets get some HUD foreclosures moving!! From now until October 2012 homebuyers need a down payment of only $100.00 to purchase a HUD owned home. This is only available for owner occupant purchases and the buyer will be required to use an FHA loan. Normal FHA underwriting guidelines apply and the sale must be for the full amount of the current list price. Also in most cases HUD will cover 3% of the closing costs for the buyer!!
Read MoreTips for a Successful Closing of a HUD Owned Property
By Leesa Sandoval
Now that you are under contract for the purchase of a HUD owned property there are just a few additional items to consider. It’s important to address any and all issues upfront to ensure there are no closing delays. Hopefully you will find these items helpful!
Read MoreTips and Tricks for Bidding on HUD or Bank Owned Properties
By Leesa Sandoval
It’s no secret that when making a bid on a HUD owned property and getting the contract submitted one must dot the I’s and cross the T’s. Receiving that accepted contract is exciting but there are some things that if not done property will delay closing.
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