For those of you wanting to take advantage of the low home prices, and purchase a home – HUD has a special offering.
Purchase a HUD home using an FHA loan and your downpayment is reduced to $100. This is a special offer for HUD homes in Colorado.
HUD homes are simply FHA foreclosures, there are about 100 (or more) new ones every single week. There is a misconception that HUD homes are horribly run down – not true. While some of them can be, many of them are newer homes, and some in great condition.
Call or e-mail us for more information on this program.