|
Home
About Us
Contact Us
Search Listings
Search Rentals
View All Listings
Homes
Farms
Commercial
Land
AGENTS
Signup
Here
View Agents
Members
Member Signup
Member Login
DIY Credit
Repair
Mortgage
News
Loan Calculators
|
| Half-Price homes for Teachers & Law Enforcement Officers |
| by: Mike Bradley |
|
Did you know that there is a HUD (U.S. Department of Housing and
Urban Development) program available to teachers and law
enforcement officers to purchase homes for half-price?!
The \"Teacher Next Door\" and \"Officer Next Door\" programs can be
a great help for people in the teaching and law enforcement
professions. There are some hoops to jump through and some
restrictions such as:
* Homes must be in designated redevelopment areas
* You must live in the home for 3 years to get the full price
reduction
* You have to bid on and win a home using an Internet-based
bidding system
* Your contract has to be submitted immediately after winning a
bid
* You must pay your real estate agent yourself, HUD doesn\'t
compensate your agent the way most typical sellers do
I have gone through the process before and understand how it
works and if you can benefit from either program. Contact me if
you want to learn more.
|
|
 |