There's no question that winning the bid on a HUD-owned Home takes patience, resiliance and more. Here's a video directly from one of the Metro Atlanta HUD asset management companies, Pemco Limited, offering ideas on how to win the bid on HUD-owned Homes.
Read some of the general guidelines with regard to the purchase of HUD-owned Properties here in Metro Atlanta at http://www.AtlantaDownpaymentAssistance.com. Just a few key points...
- HUD-owned Homes can be purchased for as low as $100 down with certain restrictions
- There is no household income limit, making it an ideal option for those with higher incomes, but limited downpayment funds.
- HUD-owned homes can often be found in good condition in areas offering higher qualities of life and can often be priced up to $346,250.00
Associate Broker, REALTOR®, Georgia-certified Affordable Housing Counselor, CDPE
Keller Williams Realty Atlanta Partners