Mortgage Advice

HUD is still offering homes in Ohio for $100 down and they will pay $2500 toward closing costs. They are listed by zip code, county, mls number,etc on a website (link below). Granted some of them are rough, but we also offer a rehab loan that allows you to finance repairs back into the mortgage and still only put $100 down. What an opportunity for a firsttime homebuyer. Buy a house for 100 bucks, make it like new with a remodeling, and get a tax credit for $8000! What a country.

I imagine that competition for these homes will increase the closer we get to November 30th, the deadline for the tax credit. We are marketing heavily to potential buyers and I imagine realtors are to. This is a real program, buyers have to have a preapproval and the realtor has to be HUD approved to submit an offer. This certainly is a great opportunity. Call the office at 614-975-5894.

Click here to connect to the website that lists the properties that are available for $100 down