If you are a prospective homeowner you must consider buying a HUD owned home as a way to invest in your future. Not only can you avoid the new FHA 3.5% down, but you actually get $2500 back at closing for repairs or closing costs. This can make a big difference in your bank account, and if you are anything like me you don’t want to give the bank anymore money than you have to.
If you want to learn more about buying a HUD home you can search available HUD houses at my website. I can also put together a list for you if you let me know what area and price range you are looking.
Oh, and by the way I have seen HUD accepting as low as 19% of list price!!!!!!!!!!!!!
Posted by crmhomes 