Just when you thought you'd never hear good news again - now this...
YES - you can buy a home for only $100 down.
YES - there is a
wide selection to choose from.
YES - you can include fix up costs in the loan.
NO - this is not going to last long - only until 12/31/2011.
Copyright (c) 2011 Richard W Stillman - All Rights Reserved
Here's how this works...
HUD has a "promotion" for buyers that will be financing
using FHA financing to buy a home from their large listing base. You only need to put $100 down. We can possibly obtain closing costs to be paid, or included in the loan, to save you the out of pocket expense for that. That typically is several thousand dollars. We can also possibly obtain money to be included in the loan for fixing up the property, if need be - again, a few more thousand that you won't have to write a check for. Throw in the down payment of a thousand or more, and this can really add up. Add the benefit of owning your own home for less than rent, and this might be the best news you've heard in a long time.
Call us for more details...