During the Stone Age, it was survival of the fittest…and in 2009…it’s high-tech survival of the fittest as well. And, if American’s don’t change their ways, they are going to find this economy and society imploding from the inside if they’re not careful, etc.
Of course, remember it is all negotiable and the time period might be too long for the seller. In the end, I try to encourage a win, win situation for myself and the seller. You will have a better chance for a successful deal.
Ok, now to the good part, the HUD $100 Down Payment Program. To be able to take advantage of this great program you will have to use FHA financing to purchase the property. The normal down payment for a FHA home loan is 3.5%. The main reason HUD offers the $100 down payment program is to sell HUD foreclosed homes fast and also to get owner-occupant into the homes. They believe people who own their home will take care of it better than a renter thus improving the neighborhood. This program is only for people who are going to buy the homes to live in. It is not for investors!
The end of year sale usually starts in November. The banks want to remove as many reo/foreclosures as they possibly can. Although they are motivated, they are not desperate. They will not give the property away.
This program is not nation-wide; it is currently being offer in about half of the states. You should contact a local HUD approved beste online Broker to see if it is currently being offer in your state. A word of caution, you need to make sure that the real estate agent that you use is experienced in buying HUD homes for sale. Buying a HUD home is a lot different then the normal real estate transaction. An inexperienced agent can cost you thousands of dollars.
What could she do? She thought about going back to college. She thought about biting the bullet and moving back home. She thought about opening her own boutique. She thought about creating crafts and selling them at the flea market. As night turned into morning she knew what she would do. She would find out about a state license. Most of the ladies in her family were wives, but of the ones who worked they all had a state license so with that thought she got up from the carpet, gently kissed her sons foreheads and went to her own room to undress and go to sleep.
St. Joseph did his work. He wanted me, as the owner of the house, to bury him with my energy. It was a wonderful lesson in the power of intention. Our frequencies are so important in all that we do. This was a vivid example of how we create with our energy.