How to Participate in Good Neighbor Next Door
Check the listings for your state. Follow the instructions to submit your interest in purchasing a specific home. If more than one person submits on a single home a selection will be made by random lottery. You must meet the requirements for a law enforcement officer, teacher, firefighter or emergency medical technician and comply with HUD's regulations for the program.

HUD requires that you sign a second mortgage and note for the discount amount. No interest or payments are required on this "silent second" provided that you fulfill the three-year occupancy requirement.
The number of properties available is limited and the list of available properties changes weekly.

To learn more, please see our Good Neighbor Sales Frequently Asked Questions!
Comments and Questions

Lori, check out http://www.kchomeprograms.com This website assist buyers looking for some of the various lending programs in the KC area (ex. teachers, firefighters,etc). It also lists agents who have obtained the Workforce Housing Specialist (WHS) certification (myself included). If you have any additional questions, don't hesitate to contact me. Best of luck! Mike

Lori, I think this might help you...http://hud.uai.com/hudpls/

This is about the program..http://www.hud.gov/offices/hsg/sfh/reo/goodn/gnndabot.cfm

Good luck, Dunes

Not so difficult!

First, check the availablility of homes in the area you want to live:

http://www.hud.gov/offices/hsg/sfh/reo/goodn/gnndabot.cfm

You have to live there for 3 years to really take advantage of the steep discount.

Some areas have other programs for teachers that arent limited to HUD owned homes.

Talk to a local Mortgage professional for some advice. If you need a referral please let me know.

Michael Wolff