Recent Changes for "HUD Homes" - Rochester Wiki

HUD Homes

jgerek — 2014-06-07T18:37:57Z

-dead external links; link housing guide, nonprofits

Differences for HUD Homes

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- HUD offers community and faith-based nonprofit organizations the opportunity to purchase HUD homes at discounts of up to 30 percent off the appraised value, favorable FHA insured mortgage financing terms, and also opportunities for down payment assistance programs. Teachers and law enforcement officers qualify for 50% discounts in certain situations.	+ HUD offers community and faith-based ["nonprofit organizations"] the opportunity to purchase HUD homes at discounts of up to 30 percent off the appraised value, favorable FHA insured mortgage financing terms, and also opportunities for down payment assistance programs. Teachers and law enforcement officers qualify for 50% discounts in certain situations.
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- * [http://www.hud.gov/offices/hsg/sfh/reo/goodn/ond.cfm Officer Next Door Program] - * [http://www.hud.gov/offices/hsg/sfh/reo/goodn/tnd.cfm Teacher Next Door Program]	+
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	+ + See also: ["Housing Guide"]

HUD Homes

alexandergartley — 2009-01-12T21:23:06Z

added missing period in the description

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- When someone with a [wiki:Wikipedia:United_States_Department_of_Housing_and_Urban_Development HUD] insured mortgage cannot make their payments, the lender forecloses on the home; HUD pays the lender what is owed; and HUD takes ownership of the home. Then it is sold as quickly as possible at market value	+ When someone with a [wiki:Wikipedia:United_States_Department_of_Housing_and_Urban_Development HUD] insured mortgage cannot make their payments, the lender forecloses on the home; HUD pays the lender what is owed; and HUD takes ownership of the home. Then it is sold as quickly as possible at market value.

HUD Homes

adamdewitz — 2007-01-29T03:59:22Z

grammar, fixed links

Differences for HUD Homes

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- HUD offers community and faith-based nonprofit organizations the opportunity to purchase HUD homes at discounts of up to 30 percent off the appraised value, favorable FHA insured mortgage financing terms, and also opportunities for downpayment assistance programs. Teachers and law enforcement officers qualify for 50% discounts in certain situations.	+ HUD offers community and faith-based nonprofit organizations the opportunity to purchase HUD homes at discounts of up to 30 percent off the appraised value, favorable FHA insured mortgage financing terms, and also opportunities for down payment assistance programs. Teachers and law enforcement officers qualify for 50% discounts in certain situations.
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- - Also see: ["Buying A Home In The City"]

HUD Homes

RobertPolyn — 2005-11-30T10:14:38Z

Differences for HUD Homes

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- Also see: ["Buying a home in the city"]	+ Also see: ["Buying A Home In The City"]

HUD Homes

RobertPolyn — 2005-11-30T10:09:53Z

And now you know.

Differences for HUD Homes

Deletions are marked with - .	Additions are marked with +.
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	+ When someone with a [wiki:Wikipedia:United_States_Department_of_Housing_and_Urban_Development HUD] insured mortgage cannot make their payments, the lender forecloses on the home; HUD pays the lender what is owed; and HUD takes ownership of the home. Then it is sold as quickly as possible at market value + + Almost anyone can buy a HUD home. It is even possible to purchase as an investment, though priority is given to owner occupant purchases. A real estate agent must submit your bid. + + HUD offers community and faith-based nonprofit organizations the opportunity to purchase HUD homes at discounts of up to 30 percent off the appraised value, favorable FHA insured mortgage financing terms, and also opportunities for downpayment assistance programs. Teachers and law enforcement officers qualify for 50% discounts in certain situations. + + Homes are sold as is, and the new owner becomes responsible for repairs and upkeep. + + '''HUD Homes Information''' + * [http://www.hud.gov/offices/hsg/sfh/reo/reobuyfaq.cfm How To Buy a HUD Home] + * [http://www.hud.gov/offices/hsg/sfh/np/np_home.cfm Office of Housing Nonprofit Programs] + * [http://www.hud.gov/offices/hsg/sfh/reo/goodn/ond.cfm Officer Next Door Program] + * [http://www.hud.gov/offices/hsg/sfh/reo/goodn/tnd.cfm Teacher Next Door Program] + '''Auction Links''' + * [http://hud1.towerauction.net/NY.htm HUD Auctions NYS Selection Page] + * [http://hud1.towerauction.net/e10/gen_list/NY.htm HUD Auctions NYS Cities Index] + * [http://hud1.towerauction.net/e10/np_list/NY.htm HUD Auctions NYS Cities Index (Non Profit)] + + Also see: ["Buying a home in the city"]