Monday, November 28, 2011

HUD Home Sales Incentives


HUD is offering several new sales incentives on HUD homes that will make these homes more affordable for homebuyers.  The incentives vary from state to state, but may include the following:

  • $100 down payments on HUD Homes financed with FHA-insured financing
  • Sales allowances that can be used to pay closing costs, make repairs, or pay down the mortgage amount
  • Broker bonuses for owner-occupant sales. 
 What a great way to get in to your next home!

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