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:
