Utilize the programs at hand...

If you have a client who is a teacher/ firefighter/ or police officer then make yourself aware of the HUD programs allowing them to receive 50% off of the price of their home. This program has been in place for a while now but never gets a mention. The 'teacher next door' program is FHA insured and allows the borrower to move in for almost nothing and profit once they choose to move out(minimum 3 years) Please respond with any pros and cons you may have towards this program. I have never closed one of these but seems like an excellent opportunity for those involved. Thank you.