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Get a HUD Home for $100 Down!
See All Available HUD Homes at http://www.viewandsearch.com/fine/real/estate/homegroup/grpname/HUDhomes
The U.S. Department of Housing and Urban Development (HUD) is offering its foreclosed homes for a mere $100 from now until October 2012.
HUD like other federal agencies, are anxious to unload properties they hold, because they can be a financial drain for the government.
First you'll have to qualify for a mortgage, and the condition of the homes is strictly 'as-is.'
If you can handle those qualifiers, here's the deal…
You can only buy HUD approved homes.
You must use a HUD-registered real estate broker or agent.
You must qualify for and use Federal Housing Administration (FHA) financing.
You must plan to be an 'owner-occupant,' buying the property to live in and not as an investment.
The home's purchase price must be no more than the appraised value of the property.
The $100 down incentive must be on the executed contract. That means you have to specifically request the incentive. Your real estate agent should be aware of this provision.
In some cases, HUD will also cover up to 3 percent of the closing costs.
The $100 down payment program is eligible for the FHA 203(k) loans. The loans allow borrowers to use a portion of their purchase loan to repair and renovate run-down homes.
HUD homes often include a property condition report, but that is not a warranty.
The property report can resemble a home inspection report, but HUD home buyers are always encouraged to get a home inspection to determine just what 'as is' is.
See All Available Homes at http://www.viewandsearch.com/
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Property For Sale
Count: 109
Avg: $119,902
Avg $ SqFt: $66
Search Area:
Alpine, Alta, Altamont, Altonah, Amalga, American Fork, Avon, Ballard, Bear River City, Beaverdam, Benjamin, Benson, Bern, Blanding, Bloomington, Bluebell, Bluff, Bluffdale, Bountiful, Brian Head, Brigham City, Brighton, Cedar City, Cedar Hills, Cedar Valley, Centerfield, Centerville, Central, Clarkston, Clearfield, Clifton, Clinton, Coalville, Cokeville, College Ward, Corinne, Cottonwood Heights, Cove, Daniels, Dayton, Deer Valley, Delta, Deseret, Dingle, Draper, Draper (Ut Cnty), Dry Fork, Duchesne, Duck Creek Village, Dutch John, Eagle Mountain, Eden, Elberta, Elk Ridge, Elwood, Emigration Canyon, Enoch, Enterprise, Ephraim, Erda, Eureka, Fairview, Farmington, Farr West, Fielding, Fillmore, Fish Haven, Flowell, Fountain Green, Francis, Fruit Heights, Fruitland, Garden City, Garland, Genola, Georgetown, Goshen, Grace, Grantsville, Greendale, Gunnison, Hanna, Harrisville, Heber City, Henefer, Herriman, Hideout, Highland, Hinckley, Holladay, Honeyville, Hooper, Hoytsville, Huntsville, Hurricane, Hyde Park, Hyrum, Indianola, Ivins, Jensen, Kamas, Kanab, Kanosh, Kaysville, Kearns, Kimball Junction, La Verkin, Lake Point, Lake Shore, Laketown, Lapoint, Layton, Leeds, Lehi, Lewiston, Liberty, Lindon, Logan, Maeser, Magna, Malad City, Manila, Manti, Mantua, Mapleton, Marion, Mayfield, Mendon, Midvale, Midway, Millville, Moab, Mona, Monroe, Monticello, Montpelier, Morgan, Moroni, Mount Pleasant, Mountain Green, Murray, Myton, Naples, Neola, Nephi, New Harmony, Nibley, North Logan, North Ogden, North Salt Lake, Oak City, Oakley, Ogden, Orem, Paradise, Paris, Park City, Parowan, Payson, Peoa, Perry, Petersboro, Peterson, Pine Canyon, Pine Valley, Plain City, Pleasant Grove, Pleasant View, Plymouth, Portage, Preston, Price, Providence, Provo, Randolph, Redmond, Richfield, Richmond, River Heights, Riverdale, Riverton, Roosevelt, Roy, Rush Valley, Saint Charles, Salem, Salina, Salt Lake City, Sandy, Santa Clara, Santaquin, Saratoga Springs, Scofield, Slaterville, Smithfield, Snowbird, Snyderville, Soda Springs, Solitude, South Jordan, South Ogden, South Salt Lake, South Weber, Spanish Fork, Spring City, Springdale, Springville, St. George, Stansbury Park, Sterling, Stockton, Summit Park, Sundance, Sunset, Syracuse, Tabiona, Talmage, Taylor, Taylorsville, Thatcher, Tooele, Toquerville, Tremonton, Trenton, Uintah, Vernal, Vernon, Vineyard, Virgin, Wales, Wallsburg, Wanship, Washington, Washington Terrace, Wellsville, Wendover, West Bountiful, West Haven, West Jordan, West Point, West Valley City, West Warren, West Weber, Weston, Willard, Woodland, Woodland Hills, Woodruff, Woods Cross
Price: $0 to $800,000
Type: ALL
Style: NA
Sale Type: HUD Owned
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