JOANNE'S BLOG

Yes, there is a home buying program which provides a 50% discount off the list price .... through  HUD's "GOOD NEIGHBOR NEXT DOOR" program. This is available to  law enforcement officers,  teachers,  firefighters,  and emergency medical technicians who meet the requirements of the program.  This is not a new program, it is meant to revitalize and strengthen our communities.  HUD homes usually need some repairs and the good news is, the FHA 203k mortgage may be used to repair and/or renovate the property.  The 203k loan repair costs and the mortgage are combined into a single payment.  The initial 50% discount is a "silent second" mortgage for the entire 36 month required occupancy period, which starts when the owner-occupant moves into the home.  Lots of details, however, I am a Certified 203k Specialist , I assist buyers understand renovation loans and I work with lenders specializing in 203k loans.  The HUD website has a list of homes for sale, and I can help you find the one you have been waiting for ... dream homes can be a reality with these programs in today's market.  The sale of existing single family homes in Florida rose in December, up 4% from December 2009 ,according to housing data released by Florida Realtors®. Everyone is waiting for a turn around in the housing market, with these discounts and programs, you can't afford to wait any longer. Call me today 727-692-8685, for a complimentary and confidential consultation to see if you qualify.