Real Estate Broker at Good Neighbor Next Door Realty - Morrison, Colorado, United States
We are dedicated to promoting the U.S. Department of HUD Good Neighbor Next Door program for Teachers, Law Enforcement Officers, Firefighters & EMTs.MissionWe assist participants in connecting with knowledgeable Agents and experienced Mortgage Lenders in their areas, and help provide a greater understanding of the requirements of the program.DescriptionGoodNeighborNextDoor Realty - GNND Homes at Half price homes for Teachers, Law Enforcement, Firefighters & EMTsYou may purchase a property at a 50% discount from the current list price. For example, if the home has a list price $150,000, you can buy it for $75,000. You can also apply for an FHA-insured mortgage with a down payment of only $100 and you may finance all closing costs, repairs, improvements, appliances and all acquisition expenses.You must live in the home for three years to take complete advantage of the grant. After that, you can sell the home and keep all the profit, turn it into a rental home, or live in it as long as you like. There are no further restrictions after the three year commitment has been fulfilled.