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Good Neighbor Next Door Home Loan Program
Law enforcement officers, pre-Kindergarten through 12th grade teachers, firefighters and 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.
How the Program Works
Eligible Single Family homes located in revitalization areas are listed exclusively for sale through the Good Neighbor Next Door Sales program. Properties are available for purchase through the program for seven days.
How to Participate in Good Neighbor Next Door
Check the listings for your state. Follow the instructions to submit your interest in purchasing a specific home. If more than one person submits an offer on a single home a selection will be made by random lottery. You must meet the requirements for a law enforcement officer, teacher, firefighter or emergency medical technician and comply with HUD's regulations for the program.
HUD requires that you sign a second mortgage and note for the discount amount. No interest or payments are required on this "silent second" provided that you fulfill the three-year occupancy requirement.
The number of properties available is limited and the list of available properties changes weekly.
Qualifying HUD Properties
Interior inspections are not available, do not trespass. NO REPRESENTATION TO VALIDITY OF INFORMATION IS MADE, BUYER TO VERIFY ALL INFORMATION WHERIN.
- 3 Beds
- 2 Baths
- 2297207 MLS
- ACTIVE Status
- 2,579 SqFt.
- 12,632 Sqft. Lot
Listing courtesy of Keller Williams Realty PS.
Pictures coming soon! Accepting offers now. This home has 4 bedrooms and 2.5 bathrooms, with one LARGE bonus room with a separate entry which can be used for a guest r...
- 4 Beds
- 3 Baths
- 2295539 MLS
- ACTIVE Status
- 2,256 SqFt.
- 10,890 Sqft. Lot
Listing courtesy of HomeSmart One Realty.
MUST SEE!!! - FABULOUSLY UPDATED 780 sq ft 1bed/1bath located in the heart of Lynnwood. As soon as you enter your new home you are greeted with new flooring, new electric...
- 1 Beds
- 1 Baths
- 2292467 MLS
- ACTIVE Status
- 781 SqFt.
Listing courtesy of Eleet Properties NW.
Centrally located one level home with three bedrooms, flexible family room and dining room space plus the living room with fireplace. Extensive vinyl plank flooring and c...
- 3 Beds
- 2 Baths
- 2291174 MLS
- ACTIVE Status
- 1,294 SqFt.
- 21,780 Sqft. Lot
Listing courtesy of CENTURY 21 North Homes Realty.
Here it is! A one level home in a central neighborhood close to shopping and highways. This 3 bedroom, 2 bath home has been updated and refreshed in many ways. Stainless ...
- 3 Beds
- 2 Baths
- 2289512 MLS
- ACTIVE Status
- 1,264 SqFt.
- 9,583 Sqft. Lot
Listing courtesy of CENTURY 21 North Homes Realty.
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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