If you have been looking to buy a HUD owned home here in Denver and maybe times are a little tight on cash for you right now, well HUD just announced that effective immediately, all accepted offers beginning October 19, 2011 will be available for $100 down payment!
This HUD incentive is available for the next 12 months here in the Denver Real Estate market. There are some requirements of the program of course. Primarily, this incentive is NOT for investors. This is a HUD program for owner occupant buyers using FHA insured financing and purchasing at the full current list price.
Loan amounts can’t exceed the full purchase price and there are other details to the program. So for the most part, you will need some money, but with this program very little! This is a great way to buy a HUD home if you need some help getting into a home and beginning to set yourself on the path to home ownership.
If you would like more information on this great HUD incentive program, please contact me and I would be happy to help. Also, if you would like help finding a HUD home in the Denver market, I can certainly help with that. Since the program requires the contract to be at full current list price, you want someone in your corner to make sure values are there and help guide you through this process. I can help. Give me a call, text or email.