The timing is perfect for those looking to get into a home during the Holidays for little out of pocket!
HUD's $100 down payment initiative is back in Texas. Those purchasing a HUD Home with FHA financing, can pay only $100 down instead of the usual 3.5%.
There is a catch. The purchase price must be at least the asking price.
Imagine being able to get into this HUD Home for $100 but that is if your closing costs are no more than 3% of the sales price. HUD will pay up to 3% of closing costs and you won't have to purchase an appriasal since HUD provides an FHA "as is" appriasal.
For more information about bidding on the above home and HUD's $100 down payment initiative, contact Tanya Redic at (903) 484-4109 or Tanya@SoldByTanyaRedic.com.