$100 Down to BUY my Home?

 Buy a HUD home in your desired area for only $100 dollars down payment.

HUD has a $100 Down Payment program on it's DFW REO properties.  Don't miss out on this GREAT opportunity to purchase a home.  For a limited time, you can qualify to buy a home using a FHA loan with only $100 down. Instead of the normal 3.5% down payment requirement that is typically required for an FHA loan all you would have to put down is $100.  You can only qualify for this loan if you occupy the house.

Properties are avaliable in every county.  Please scroll down below to see a few homes that qualify.  Contact us for a list of everything that is avalible in your desired area.

What if the property is in  need of some minor repairs, HUD will allow up to $5,000 of required repairs to be held in an escrow account.  If the property is in need of repairs in excess of $5,000, you can still purchase it using a FHA 203K Renovation loan.  The 203K loan allows the buyer to purchase a home that has required repairs above the FHA limit of $5,000.  Even if there are not required repairs, the 203K loan can be used to update the property.

There is also another incentive for owner-occupant borrowers who go under contract on a HUD home within its first 30 days on the market, HUD will also give the buyer a $1,000 credit towards closing.

Seek a knowledgeable and experienced HUD-Registered Real Estate Agent to represent you in the sale of a HUD REO.  HUD will also contribute 3% of the sales price toward the your closing costs.

Click here to Contact Us for a List of Homes

 
HUD does have a very specific Pre-Qualification requirement before an offer can be submitted. Your Pre-Qualification letter MUST be from a direct.   A Pre-Qualification letter from a mortgage broker will not be accepted and an offer cannot be submitted    with one.                                                                                                                      

Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

Listing information last updated on February 22nd, 2012 at 6:21pm.