My New Outside Blog: April 2011

Georgia HUD Home Incentives

Georgia HUD Home Buyers

HUD continues to have some great incentives available to you if you are an owner occupant buyer.  You can search for Georgia HUD Homes at www.hudhomestore.com.  A couple of incentives are:

  • $100 Down Payment Incentive - this one allows a Georgia HUD Home buyer to only need $100 - yes that is one hundred dollars - to purchase a Georgia HUD Home.  You still must contribute the required Earnest Money which is either $500 or $1000.  Also you are still responsible for the cost of repairs and any amount you bid that is greater than the asking price.  But $100 Down Payment Incentive is huge!!!
  • $1000 Sales Allowance Incentive - Georgia HUD Home buyers can receive a $1000 Sales Allowance towards the purchase of an owner occupant home.  The $1000 Sales Allowance is calculated by the lender and attorney as a part of the closing documents.  Another great incentive!!!

Georgia Selling Brokers and Selling Agents

HUD has added a special incentive for us for selling HUD homes in Georgia effective 4/1/11.  Here are the general guidelines:

  • Homes priced from $25,000 to $75,000 that close within 30 days of contract execution earn a $500 bonus for the Selling Broker
  • Homes priced from $75,001 to $150,000 that close within 30 days of contract execution earn a $750 bonus for the Selling Broker
  • Homes priced at $150,001 and above that close within 30 days of contract execution earn a $1000 bonus for the Selling Broker

So great incentives for Georgia HUD Home buyers and Georgia Selling Brokers and Agents!

For information on purchasing a Georgia HUD Home in metro Atlanta, please call 404 923 4210 or 404 246 3210.  Thank you!

    

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Office 404-418-8092 Cell 404-246-3210 Fax 404-991-3770

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Comment balloon 0 commentsJordon Wheeler • April 13 2011 04:39PM
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