Did you know that a special HUD incentive now allows you to purchase a HUD owned Home
in Ohio with a $100.00 Down Payment.
If on a Propety Detail Page you see the following the property is included in the Incentive
This property is eligible for NEW HOMEBUYER |
Please use the Map Below to
Search for HUD Owned Properties by County.
A new window will open. Once on that page you can Click on "Search Listings"
and search by Zip Code, City or other Searchable fields.
This County HUD Search provided by
Tim Bradford, Mortgage Loan Consultant, Cleveland Ohio, 216.324.8113
|
Licensed Mortgage Professional with 20+ years of experience in residential mortgages. Specializing in first time homebuyers, refinances, low/no money down payment purchases and Reverse Mortgages
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2008 ActiveRain Corp. All Rights Reserved
Great informational post. I wish they offered this program in every state though. Thanks for the info.
I do a lot of HUD home work and was wondering if you noticed the rest of the incentives.. $2500 to buyers at closing for repairs and a larger commission for agents...
Don - THanks for Dropping by and makeing your comment
Drew - Yes, I am aware of the other incentives. I am a lender and it is up to the agents to sell the homes. I believe HUD permits up to a 5% commission and also the Bonus. Thanks for dropping by.
Working in Akron, and living near Cleveland now. I simply can't believe I do not hear more about this being used. We've actually done a few loans for borrowers who initially wanted this program then backed out of the purchase. This is the ultimate "starter" deal. Good post....it needed to be said.
Do you handle the 203K FHA programs too?