The Department of Housing and Urban Development (HUD) is making it easier for first time home buyers to get into their home by buying a HUD property at full list price , but provide several concessions that include a FHA 203k loan for needed repairs rolled up into the mortgage , and as well HUD will cover up to 3 points of the closing costs.Buyers are required to live in the home and meet standard underwriting rules and conditions. This program is only being offered in Florida and a handful of other states and could end up with the buyer only (6 comments)