For owner occupants (see important at bottom of page) 1) Qualified buyers can obtain a FHA loan with a down payment of only $100 on a HUD home. 2) HUD will pay 3% of the closing costs allowing. 3) During the first 10 days of the listing only owner occupants are allowed to enter a bid eliminating competition from investors. 4) FHA Renovation loans are available on homes that require fix up. 5) HUD does an inspection before listing the property which is available to a potential buyer. Use live link below: If you are an investor or 2nd home buyer note that many of these homes are past the first 10 days when only owner occupants can bid on them. IMPORTANT: Only HUD certified real estate brokers can bid on HUD homes so CALL ME. I have the experience needed to ensure you a successful purchase. A lender who is certified and experienced in HUD transactions is also important. I can direct you to an HUD experienced lender. Deanne Olivas 480 452-5567
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