- From [1] HUD (US Department of Housing and Urban Development): The Atlanta Homeownership Center approved the use of two Sales Initiatives on HUD listings in (Illinois, Indiana, North, and South Carolina).  The $100 Downpayment is now available for HUD listings with an effective date of October 5, 2007.

100 Down Payment on [2] HUD Homes!

HUD has announced several new sales incentives on HUD homes that will make
these homes more affordable for homebuyers.

HUD has a special program for a limited time only which allows an owner-occupant buyer to pay only $100 down, instead of the usual required 3% down, and HUD will pay up to 3% of allowable closing costs.

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- Homeowners in St. Joseph County and the cities of South Bend, Mishawaka, Granger, Osceola, and Notre Dame now have a resource for Foreclosure awareness and prevention.  It’s called [3] The Indiana Foreclosure Prevention Network.  Below is a snipet from their [4] website…

“The Indiana Foreclosure Prevention Network (IFPN) is a public-private partnership of community-based organizations, government agencies, lenders, realtors, and trade associations that has devised a multi-tiered solution to Indiana’s foreclosure problem. This statewide initiative includes a targeted public awareness campaign, a telephone helpline, an educational website, and a network of local trusted advisors.” 

Offering third-party non biased information to the general public, IFPN is out to make a difference in Indiana and in a time of need.  The state of Indiana is one of the highest Forclosure states in the US, this is a giant step towards lowering that statistic!

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Tim Vicsik
Home Gallery Realtors
[5] www.TimVicsik.com
[6] www.ND-Condos.com
[7] Tim@TimVicsik.com