GREAT NEWS, Currently when purchasing a HUD foreclosed home owner occupied buyers with a 580 or better score, job and reasonable debt ratios, can purchase HUD home for as little as $100.00 down. HUD is offering a 1000.00 cash rebate to owner occupant buyers that contract for a home in the first 30 days on the market. HUD makes purchasing easy with up to 3% in closing costs paid on behalf of the buyer. While the selection of HUD homes is more limited than the full market. My most recent HUD home buyer purchased a home with the lowest interest rate available in 50 years left closing with a check. For those with so-so credit and limited funds HUD, the first rung on the steps to home ownership are the lowest in the market. HUD will not sell directly to consumers, you must use a broker. While any broker can sell a HUD home, most have not gone taken the class to be a HUD broker. If you need assistance locating a HUD Home specialist in your market contact me. To get started look at http://www.HUDHOMESTORE.com.
Happy home hunting.
RE/MAX Greater Atlanta
CRS, CRB, ABR, MSRE, CDPE, e-PRO, ESQ
Certified Residential Specialist
Certified Real Estate Broker
Accredited Buyers Agent
MS Real Estate and Urban Affairs
Certified Distressed Property Expert
Certified Internet Professional
2050 Roswell Road
Marietta GA 30062