OfflineI have found a hud house and I would like to get this house with the best deal, no money etc. It is a 4/2 @ $129,900, worth $154+ I am totally new and don't know what to do, I don't have good credit, but the wife has decent, not much money either. What do I do to make this happen?!!!!
Thank you all for everything
God bless
Scott
__________________
if you haven't own a house, in the past 3 years, you and your wife can use the $8000 first time buyers credit towards the 3% down required on HUD homes and to cover some or all of your closing costs. You won't know if you qualify for HUD financing until you put in an application with a HUD approved Lender. Are you planning on moving into this house yourself? If not there is the seasoning requirement of the title that has to be satisfied before you can sale to someone else.
"I will NOT BE BROKE! ANYMORE!"
In the name of Allah, the Beneficent,
the Merciful.
22.He is Allah besides Whom there is no God: The Knower of the unseen and the seen; He is the Beneficent, the Merciful.
23. He is Allah besides Whom there is no God: the King, the Holy, the Author of Peace,the Granter of Security, Guardian over all, the Mighty, the Supreme, the Possessor of greatness. Glory be to Allah from that which they set up (with Him)!
24. He is Allah: the Creator, the Maker, the Fashioner: His are the most beautiful names. Whatever is in the heavens and the earth declares His glory: and He is the Mighty, the Wise.