HUD offers some special incentives to Police Officers when it comes to buying a home and obtaining a mortgage. These incentives are offered through the Good Neighbor Next Door Sales Program. HUD offers a 50% discount from the list price of the home for eligible properties. In return you must commit to live in the property for 36 months as your sole residence. How the Program Works Eligible Single Family homes located in revitalization areas are listed exclusively for sale through the Good Neighbor Next Door Sales program. Properties are available for purchase through the program for only five days … (4 comments)
mortgages for police: Good Neighbor Next Door Program : Frequently Asked Questions
- 03/09/10 06:50 AM
Question: What Is the Good Neighbor Next Door (GNND) Sales Program? Answer: HUD wants to strengthen America's communities. The Good Neighbor Next Door Program offers HUD owned single family (one-unit) homes to eligible participants at a 50% discount. Question: Am I Eligible for the GNND Sales Program? Answer: Law enforcement officers, teachers and firefighters/emergency medical technicians and who meet all other requirements of the program are eligible to purchase an available home. Question: How Much of a Discount Can I Get on a HUD Home? Answer: You can get a 50 percent discount off the HUD appraised value. For … (0 comments)
mortgages for police: HUD Good Neighbor Next Door Program
- 03/09/10 06:40 AM
Law enforcement officers, pre-Kindergarten through 12th grade teachers and firefighters/emergency medical technicians can contribute to community revitalization while becoming homeowners through HUD's Good Neighbor Next Door Sales Program. HUD offers a substantial incentive in the form of a discount of 50% from the list price of the home. In return you must commit to live in the property for 36 months as your sole residence. How the Program Works Eligible Single Family homes located in revitalization areas are listed exclusively for sales through the Good Neighbor Next Door Sales program. Properties are available for purchase through the program for five days. … (0 comments)
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