HUD Good Neighbor Next Door Program

[babymakes5]

Dh and I were orginally going to go this route when we bought our next home, until we found a custom home builder that we fell in love with. It is a great program.

Law enforcement officers, pre-Kindergarten through 12th grade teachers and firefighters/emergency medical technicians can contribute to community revitalization while becoming homeowners through HUD's Good Neighbor Next Door Sales Program. HUD offers a substantial incentive in the form of a discount of 50% from the list price of the home. In return you must commit to live in the property for 36 months as your sole residence.

Good Neighbor Next Door Program

[amecoy75002]

We purchased a HUD 16 years ago. Great program!

[bevjean]

We are in the process of hopefully purchasing a home. And although I don't think it is in the HUD program, there is a program here in TX called SETH (I forget what it stands for). The specific subdivision we are looking into offers $19000 in assistance. The builder was hired by the city to destroy some rotten apartments and build and plan this subdivision. Also since my hubby is a teacher, we are checking into another program that helps teachers (not sure if it is the same Good Neighbor program or not). Hopefully that will knock a bit more off the final price.

[PB&J]

DH is a police officer and we looked into that program. They really had some nice houses and 50% is a great deal, but all the houses were in an area of town that we really didn't want to live in. They are typically higher crime areas.