Financing
The financing available to an owner/occupant buying a HUD foreclosure is unbeatable. The HUD $100 Down Payment Program allows an owner/occupant using an FHA loan to purchase a HUD home and have money left over for the moving process. The cash required to close will exceed $100, but will be minimal. For example, the cash required to close a $100,000 home, including the cost of a homeowner's insurance policy and paying some property taxes, will total approximately $1,000. This is very affordable financing, and is not available for the purchase of any home other than a HUD foreclosure.
Do You Qualify for an Atlanta HUD Home?