Half Price Homes to Firefighters, EMT, Teachers, and LEO from HUD!! HUD foreclosures has a lottery program for their houses for sale in the HUD lottery program. The program is designed to provide law enforcement officers (LEO), firefighters, emergency medical technicians and teachers the opportunity to be home owners within the community. It is a way of giving back to those who serve our community so well.
NOTE: See below if you are NOT a Firefighter, EMT, Teacher, or Law Enforcement Officer for ways on how you can be notified of other ways to save on buying homes for sale at a discount price.
If more than one law enforcement officer (LEO), firefighter, emergency medical technician or teacher (pre-Kindergarten through 12th grade teachers) submits an offer then a simple lottery is held at random to determine which buyer is able to buy the homes for sale.
An example of a half price home would be to submit a bid on say a $73,000 HUD lottery program house. NOTE: The house could be appraised for say $125,000 but let's say HUD lists it for $73,000 and you receive the winning bid. You would sign two mortgages with the first mortgage being for $36,500 and the second mortgage being for $36,500. The second mortgage is "silent" and no interest or payments are required which means it goes away if you continue to own and occupy the property for 3 years. Therefore, you actually buy the property for about 29.2% of its value in this particular scenario so call now for email alerts to these Half Price Homes to Firefighters, EMT, Teachers, and LEO from HUD!
To take advantage of the Half Price Homes to Firefighters, EMT, Teachers, and LEO from HUD (also known as Good Neighbor Next Door [GNND] program), contact Rob Lang, 785-393-2274, a HUD registered broker/agent with At Home Kansas in the Lawrence KS Real Estate area.
Rob will set you up with email alerts that match your search criteria for a home where you will be notified of half price homes as well as other bargains, foreclosures, short sale, motivated sellers according to your wishes. The email alerts to other properties not in the HUD program are available as well if you are NOT a Firefighter, EMT, Teacher, or Law Enforcement Officer both for regular homes for sale or for other types of foreclosures and bargains.
Tell Rob which city or cities you are willing to live in, the minimum number of bedrooms, bathrooms, garage spots, whether a basement is required, and price range. You will be notified as soon as properties for sale which match your criteria come on the market.
Hurry because the HUD lottery program of half price homes only lasts for 5 days per house and then the house is made available to the general public.
Call now for Half Price Homes to Firefighters, EMT, Teachers, and LEO from HUD!!