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Mark Wingert's Blog

By Mark Wingert | Agent in Albuquerque, NM

HUD HERO PROGRAM

If you are a teacher, police officer, firefighter, paramedic you may qualify for the housing program.  A program worth your while to study.   You might qualify to purchase a fairly new home for 1/2 off HUD's asking price.  Presently there is one on in the Albuquerque area for around $95,000.00.    One who qualifies for this program might be able to purchase this home for 1/2 price.  There some catches to this program. 
 A. The purchase is done by lottery.  (Basically your name is pick out of a hat byHUD) 
 B. Must have a loan in place approved by a lender.  You summit a pre letter with the offer you signed.
 C.  The buyer must live in the house for the next 3 years.   You may sell the house before 3 years but there will be a penalty charge.

More information please contact me through my websit www.ColdwellbankerLegacy.com/Mark.Wingert


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