It turns out, its notentirelyimpossible to put a monetary value on the work you do.
Heres what you better know about this one-of-a-kind opportunity.
HUDs Good Neighbor Next Door Program: How Does It Work?
Heres how it works.
No Interest Til Almost 2027?
Balance Transfer = Credit Card Cheat Code
This is where you may be raising your eyebrows, we realize.
Exactly what kind of revitalization are these areas in need of?
In short, is your new home going to be in a place you actuallywantto live?
Anna DeSimone, a long-time industry professional and award-winning housing finance author, suggests consumers save their skepticism.
HUD owns thousands and thousands of properties, she says, many of which are in very attractive neighborhoods.
You might go and see one house boarded up, but everything else is pristine, she said.
Eligible homes are owned by HUD and listed for sale exclusively through the program for seven days.
Bringing public servants to the area is the whole point of the program hence the name.
When you purchase a home through the Good Neighbor Next Door program, youve got plenty of funding options.
You canpay in cash an often-out-of-reach option the 50% discount may just bring to the table.
(The minimum earnest money deposit for a HUD home is $500.)
Is the Good Neighbor Next Door Program Worth It?
That said, there are plenty of other options available to homebuyers of all backgrounds and experience levels.
(Heres a great resourceto find out whats available where you live.)
(Psst:Heres a pretty thorough beginners guide.)
Learn more at www.jamiecattanach.com.
