Are you looking to buy a home in Olathe or Johnson County Kansas but lack the 3.5% down payment needed for an FHA loan? Then you should consider HUD homes. HUD homes are foreclosures that are now owned by Uncle Sam. You can purchase a HUD home with just $100 down payment and you can also ask to have the closing costs paid by HUD.
HUD announces new listings every week and there is a new property available in Olathe Kansas. This 2 bedroom 1 bath duplex is available for $54,000. Open bidding on this property ends on 4/23/2009 so call today to schedule a showing.
Also, first time home buyers can qualify for a $8000 housing stimulus tax credit.
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