Are you aware that HUD has a special program for the above referenced buyers? That's right! On select FHA HUD homes they can purchase the home at a 50% reduction! The other 50% will be held in the form of a second and forgiven if they maintain the ownership of the property as their primary residence. They also offer the $100 down payment program with it as well. But when you use the $100 down payment program you cannot finance the closing costs into the loan.
There are some very specific restrictions. To see if you or your buyer qualifies, please email me today!
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