HUD has a program that allows for only $100 down.  That’s correct, $100.00.  What is a HUD home and who qualifies?  Below is a link on HUD’s website that states “A HUD home is a 1 to 4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.”  Who can buy a HUD home?  “Almost anyone! If you have the cash or can qualify for a loan (subject to certain restrictions) you may buy a HUD Home. HUD Homes are initially offered to owner-occupant purchasers (people who are buying the home as their primary residence). Following the priority period for owner occupants, unsold properties are available to all buyers, including investors.”

http://www.hud.gov/offices/hsg/sfh/reo/reobuyfaq.cfm

HUD has a program that allows for only $100 down.  That’s correct, $100.00.  What is a HUD home and who qualifies?  Below is a link on HUD’s website that states “A HUD home is a 1 to 4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.”  Who can buy a HUD home?  “Almost anyone! If you have the cash or can qualify for a loan (subject to certain restrictions) you may buy a HUD Home. HUD Homes are initially offered to owner-occupant purchasers (people who are buying the home as their primary residence). Following the priority period for owner occupants, unsold properties are available to all buyers, including investors.”

http://www.hud.gov/offices/hsg/sfh/reo/reobuyfaq.cfm