HUD’s Good Neighbor Next Door Sales Program

In an effort to both strengthen distressed urban communities and reward local public servants, HUD launched the Good Neighbor Next Door Sales Program (GNND). This program offers pre-kindergarten through 12th grade teachers, law enforcement officers, firefighters, and emergency medical technicians the opportunity to purchase a single-family home at 50 percent of the list price, as …

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HUD is Here to Help!

The Department of Housing and Urban Development (HUD) is a government entity that helps both cities and individual homeowners across the country. HUD can help you buy a home, but it’s a little known fact that HUD can also help you improve your home. Buying a home can be a difficult process, but what if …

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Housing starts rise in October

Single-family housing starts increased 3.9 percent in October to 430,000 units compared with September’s figure of 414,000, the U.S. Census Bureau and Dept. of Housing and Urban Development announced last week. You can view the report concerning the new residential construction in October 2011 by the government here: www.census.gov/const/newresconst.pdf

First-time Homebuyer Happiness

The first step in the home-buying process is to find out what you can afford to pay for a house, condo or co-op. This will depend on the amount of cash you have available for a down payment, your credit, income, assets, and overall financial situation. Mortgage qualification is easier for buyers who work as …

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