An article in The New York Times sheds light on a little-known housing program that could help teachers, firefighters, police officers and emergency medical workers buy a home for just fifty percent of its listed price.
The HUD Good Neighbor Next Door Program
If you want to buy a HUD owned home for 50% of it’s appraised value and with a $100 down payment, you need to know about the Good Neighbor Next Door program. HUD’s stated purpose for this program is “to make American communities stronger, promote home ownership, build a safer nation, and take an active
HUD: Housing Market Makes Notable Gains
The housing market has made notable gains in recent months in terms of home prices, foreclosures, and new-home construction, but government officials caution that the economy is not yet back to normal.
HUD’s Obama Scorecard: Pokes Down and Out Homeowners in Eyes
News from the US Housing Department from Friday shows new homes sales in the US for December fell 7.3 percent. This number was down from November’s totals, which were the highest in the last couple of years.
No Money For A Down Payment? No Need To Worry
Jeff Smolinski and Magan Landsiedel are the proud new owners of a beautiful $133,000 Largo, Florida home – despite only forking out a down payment of $100.