Showing posts with label law enforcement programs. Show all posts
Showing posts with label law enforcement programs. Show all posts

Wednesday, October 16, 2013

How You Can Get a Home for Half Price

No, this is not a joke. Not a prank.  Not a gimmick.


The government has a little known program called the 'Good Neighbor Next Door' Program.


The U.S. Housing and Urban Development agency, HUD for short, has properties all across the country that they sell for 1/2 price of what the current market value is.

So if a house is listed for $100,000, you could get it for $50,000.

You can sell it after 3 years and keep the profit.

Wowsa!

How it works:

  • The government has an inventory of houses located in Revitalization Areas
  • They offer these homes for 50% of list price
  • In return you commit to live there for 3 years.
  • Also the  FHA Insured Mortgage Program can make down payment as low as $100


Who is eligible:

  • Law enforcement
  • Pre-K- 12 Teachers
  • Firefighters
  • EMT's


Why they do it:

  • HUD wants to strengthen Americas communities


The catch:

  • You sign a silent second mortgage for the other 50% that you must repay if you move or sell in less than the three year period.

The property inventory changes weekly.


Check it out the link below, and don't forget to come to Heather Maier when you are moving, buying, selling or looking to rent in the Northern Virginia area.  
I'll treat you right!

That's it!  If you found this information helpful 

please share it with a friend!

Best wishes,

Heather Maier


email: HeatherNovaHomes@gmail.com

305-281-1873


Link directly to government website: