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