Read these Buyer Benefits in Purchasing a HUD Home!
- Only $100 down with FHA Financing as compared to thousands of dollars needed for down-payment.
- 3% Closing Costs Paid by HUD. Less money YOU have to bring to closing table. More money to spend moving.
- Large Inventory
- Usually no appraisal fees required if using FHA Financing. You save about $400.
- Each property has a detailed inspection report for you to view before placing a bid.
- Closing process is streamlined and easy.
- Less contract paperwork.Contract only 1 page.
- You have an estimation on how much any repairs will cost.
- Repair costs can be rolled into your FHA loan instead of having to do before closing.
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