Arizona HUD Homes, Government Foreclosures in Phoenix Arizona, VA homes, bank foreclosures

FOR INFO ON THE GRANT PROGRAM FOR UPTO $40,000 IN FUNDS WHICH DO NOT NEED TO BE PAID BACK, CLICK HERE!

The Department of Housing and Urban Development ("HUD") has a new buyer's incentive program which recently went into effect allowing home buyers to purchase a HUD home with only a $100 down payment under certain circumstances.The $100 down payment HUD program allows people to buy homes in which they plan to live, using an FHA loan. The government is waiving their standard down payment requirements in order to sell their HUGE inventory of foreclosed properties..

Closing costs, homeowners insurance, property taxes, and even repairs can all be financed using this special federal purchase-money loan program.. The loan amount may go up to 110% of the home's "as is" appraised value. The appraisal is provided by HUD, which is another benefit of this program. The buyer doesn't have to pay for an appraisal, so there's virtually no chance the appraisal will be challenged in underwriting.. So again the only amount needed to buy a new home is a $100 down payment!!

The government currently has a large inventory of homes available qualifying for this special, limited time program, in cities all over Arizona - Phoenix, Scottsdale, Tempe, Gilbert, Glendale, Chandler, etc..

FHA 30-year fixed interest rates are at an all time low.. Better yet -- first-time home buyers (individuals not owning a primary residence within the previous 3 years) are able to receive an $8,000 tax credit on their taxes! To qualify for this credit, you'll need to close on your new home purchase before June 30, 2010!