The Lori Moore Show Interview with Mark Jones
Mark Jones President and CoFounder of Amerifirst Home Mortgage does and interview for the Lori Moore Show. Mark talk about the housing market in 2014 and what it will take to see an uptake of first time buyers in there 20’s.
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HUD Home Financing Options
Understanding HUD Home Financing Options: A Comprehensive Guide
Buying a home is an exhilarating yet intricate process. For many, the dream of homeownership can seem daunting due to financial constraints. However, the U.S. Department of Housing and Urban Development (HUD) offers various financing options designed to assist individuals in purchasing HUD-owned homes, making the dream of owning a home more achievable. It is important to have a lender that is up to the challenge of navigating HUD home financing.
These properties are foreclosed homes. The previous owner had taken out an FHA mortgage and didn’t make the payments. Subsequently, these homes were foreclosed on. Often, these homes require repairs, and the utilities can’t be turned on. Frankly, HUD (the seller) doesn’t care – the properties are sold as-is, and HUD will not make any repairs to the home. That’s where things can get hairy if the lender is not equipped to navigate the process.