Are
you a Teacher, Law Enforcement Officer, Emergency Medical
Technician, or Firefighter?
There
are a few extraordinary programs operated by HUD
that directly involve HUD Homes. Formerly known as the “Teacher
Next Door” and “Officer Next Door” programs,
they are now collectively called the “Good Neighbor
Next Door” programs.
In
this program, any teacher, law enforcement officer,
emergency medical technician or firefighter
can purchase a HUD Home located in a “revitalization
area” at a 50% discount.
That
is, if HUD lists a home at $200,000, then a participant
in the Good Neighbor Next Door program will be able to purchase
that house for only $100,000. This deal may seem too good
to be true – it’s difficult to get things at the
grocery store for 50% off, let alone get a home for 50%
off.
The
purpose of the Good Neighbor Next Door program is
to improve the state of America ’s communities, and
HUD believes that this huge discount will attract upstanding
citizens to areas where they are needed.
In
order to be an eligible participant, you must:
Be
employed full-time
Be
employed as a teacher, law enforcement officer, firefighter
or emergency medical technician
Be
able to live in the discounted HUD Home for 3 full years
Use
a real estate broker or agent to buy the discounted HUD
Home
Interested
In Speaking With A Qualified FHA
Lender?
At
FHA-Lending.Org, you'll have access to the small group of
qualified FHA Lenders available in the United States.
