By:  Erin LaBuda

Did you know that you can still purchase a home with as little as $100.00 down AND recieve $2500.00 at closing to use towards closing costs, tax pro-rations, repairs to the home, replacement of items in the home or to pay the unpaid principal balance of a FHA insured mortgage? 

The $100.00 down-payment program is available on most HUD owned properties through FHA approved lenders.  As long as the property you are purchasing appraises at or above the agreed upon purchase price then you can obtain eligibility.  The first step to determining if this is an avenue you are interested in exploring is to align yourself with a reputable and knowledgeable real estate agent who can lead you through the process.  The next step is to start looking!  The agent will have access to all HUD owned houses in the Columbus, OH area as well as a designated key to get you, the buyer, in to the houses.  Once you find your dream home then that agent will guide you through the contract phase of purchasing a HUD property and get you the keys to your very own home for as little as $100.00 down WITH $2500.00 towards closing costs!   And, with interest rates as low as they are you will be able to secure a monthly payment that is affordable and comfortable for your budget! If you have any additional questions or are interested in exploring how you can participate in this great FHA program and stop renting and start owning please call me at 614-431-9049.