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50% Discount on Your HUD Home Purchase
If you're a law enforcement officer, teacher, firefigher, or EMT, you owe it to yourself to read the
information below. HUD has a great program designed just for you! AND...you can save 50% off your home!
About HUD's Good Neighbor Next Door Program
Law enforcement officers, pre-Kindergarten through 12th grade teachers and firefighters/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 sales through the Good Neighbor Next Door Sales program. Properties are available for purchase through the program for five 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 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.
To learn more, please see our Good Neighbor Sales
Frequently Asked Questions!
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