$100 Down Payment on HUD Homes

Take Advantage of BIG Incentives when you Purchase HUD Homes with FHA Financing (For OWNER OCCUPIED homes ONLY)

• $100 Down Payments!  Purchase a HUD home with FHA-insured financing for low down payments.  
• Huge Sales Allowances!  Purchasers using FHA Financing will receive $2,500 at closing to use on repairs, closing costs, or to lower their mortgage amount.  Not using FHA financing?  You'll still get $1,000 to assist in paying closing costs!
• No minimum Credit Scores!

What Are HUD Homes?
HUD homes are homes that where the mortgage was insured by FHA or HUD.  The homeowner defaults or doesn't make their mortgage payments and the home is foreclosed on by the bank.  HUD then puts the home back on the market at a fair market value based on condition and area home sales.

These homes are sold "AS IS" and no repairs will be made prior to purchasing the home.  So....what you see is what you get.  For this reason, it is STRONGLY encouraged that YOU have a HOME INSPECTION performed by a qualified, licensed inspector.

Do I Need a Realtor to Bid On HUD Homes?
Yes.  A Real Estate Agent or Broker must make the bid for you.

How Do I Get FHA Financing to Buy a HUD Home?
Check with your real estate agent.  They will be able to provide a list of HUD approved lenders to get your started.