HUD Homes – $100 Down Payment, Oh Yes!
March 16, 2010 by Kristin LaVanway · Leave a Comment
A low down payment opportunity that has been flying under the radar lately is the growing inventory of HUD homes. Owner occupants can, in most cases, purchase homes for only $100 down and HUD will help out with closing costs. One of the few low down payment programs available close in and a nice alternative to USDA financing.
Although HUD properties might have the reputation of being in very poor condition, many are actually very nice homes. And, the HUD sets up the bidding, owner-occupants have certain advantages over investor buyers.
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I am a Realtor in Gilbert, AZ, working with clients throughout the Phoenix Metro area. I am lucky to love what I do and appreciate the difference I can make in people's lives.
In a previous life, I was a rocket scientist - really! - but decided to step away from corporate America to be a Mom to my four boys. Found it hard to do bake sales, so I ran a small independent programming business instead.
Flash forward...I am now a single mom and I face many, many challenges everyday. I am living through the hardships that many are facing in this economy. These experiences have motivated me to help other people in my shoes.
I have teamed up with Dean Ouellette to form the East Valley Team - the best darn team in the Valley. Check out our site at http://www.EastValleyTeam.com. I spend way too much time on YouTube - check ou tmy channel at http://www.youtube.com/klavanway
