Great News!
Effective Oct. 1, 2016 HUD homes financed with FHA-insured financing are eligible to be purchased with only $100 down. This sales incentive is for properties in Michigan and Ohio. You can get a list of HUD homes for sale in your area at HudHomeStore.com or give me a jingle and I will hook you up with a local Real Estate agent that can get you into the homes. We can use this program on a standard FHA 203b loan, FHA 203b with a repair escrow, or a FHA 203k Renovation loan. More information about repair options click here. Check out the video below for more info! Visit our marketing library to download a flyer for this program!
**Note time an location slightly different from prior years
HUD Homes present a unique opportunity for both real estate agents and their clients. These government-foreclosed properties often offer competitive pricing, making homeownership more accessible to a wider range of buyers. By understanding the nuances of financing and navigating the repair process, you can unlock this valuable market segment and help more clients achieve their homeownership dreams.