The $100 Down Payment HUD Home Program

Can you really buy a HUD home for a total of $100? Absolutely not! But if you're a qualified buyer, you can use an FHA loan to buy one of HUD's specifically designated homes for sale -- with only a $100 down payment!

For a limited time, $100 down payments are available to owner-occupied home buyers when purchasing a HUD home for full price and using an FHA-insured new home loan.

Here are the basic components of the program are:

1. The buyer is required to pay a $100 down payment on a home that has been designated for this program
2. The buyer must occupy the property being purchased
3. The $100 Down offer applies if the purchase price is less than or equal to the appraised value of the property.If the purchase price is greater than the appraised value, the purchaser may obtain a new FHA appraisal to support the higher mortgage amount or must pay cash in the amount of the difference between the appraisal and the price less $100

Classic Realty Group is an authorized HUD Broker

Some of the values available through this program are absolutely astounding! These are not necessarily properties in poor condition, but all are properties that HUD is very motivated to sell.

If you would like more information on this exciting opportunity for home ownership or specific properties that are available now, fill out the information below and one of our agents that specialize in this unique program will contact you.