All HUD Homes can be purchased with only $100 down and you can borrow up to $5,000 for repairs, also HUD contribute up to 3% of the sales price toward buyers closing cost.
Any additional questions please feel free to contact me.
HUD Register Selling Agent
The process of buying a HUD home is more streamlined than a bank-owned foreclosure.
I believe, there is also a downpayment assistance still available.
You can search for HUD homes and get more information about the process at https://www.hudhomestore.com
If you need help purchasing a HUD property I can help.
Coldwell Banker South Gwinnett
licensed in Ga. & La.
You might want to check out the following website for more information on HUD: http://portal.hud.gov/hudportal/HUD?src=/program_offices/hou
Metro Atlanta Realty Team
Fred Yancy, Broker
HUD homes are just one option available for purchase. Actually in recent months I think HUD homes have been overpriced but they sell because of buyer competition. I would look at all ;purchase options and not just HUD homes.