My New Outside Blog: February 2011

Fairburn HUD Homes

Fairburn HUD Homes - Available Single Family

As of February 26, 2011, there are ten HUD Homes listed in Georgia MLS ranging in price from $55,000 to $183,000 in the city of Fairburn.  These Fairburn Single Family HUD Homes represent some great values when you compare what the property originally sold for and what it is listed at now.  For example, 205 Buckingham Lane in the Parks of Durham Lakes subdivision is a five bedroom, three bathroom home with over 3000 square feet of living space.  This home originally sold for $218,000 in 2006.  Today it is listed for $132,300 - a 65% drop in price.  The property taxes for this Fairburn HUD home are $2304 which is very reasonable for so much space.  It's not a surprise that this Fairburn HUD Home is currently under contract.

Fairburn HUD Homes - Great Opportunities to Purchase Single Family Homes

One of the great benefits of purchasing a HUD Home in Fairburn is HUD's $100 Down Payment Program.  That's right - the buyer only has to have a $100 for down payment using an FHA loan.  For many buyers who may not be able to come up with the minimal 3.5% down payment on an FHA mortgage, the $100 Down Payment Program may be the way to go when purchasing a Fairburn HUD Home.  The $100 Down Payment Program requires that the buyer's lender participate in the program. 

For more information about Fairburn HUD Homes and benefits to buyers, give our office a call at 404 923 4210 or email a request for more information.  We will promptly return your call!

NOTE: Data form Georgia MLS.  All information deemed reliable but not guaranteed.

 

 

    

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Comment balloon 3 commentsJordon Wheeler • February 26 2011 11:30PM
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