Detroit Real Estate

Here are upcoming HUD changes coming on February 12.   When you bought a HUD home in the last year HUD was giving some incentives to buy.  They are going away on February 12, 2010

Attention Selling Brokers and Agents: The following HUD Owner Occupant sales incentives will expire as of February 12, 2010:
1. FHA $100 Down Sales Incentive
2. $2,500 Owner Occupant Sales Incentive (For properties with a purchase price of $25,000 or greater)
The incentives will be eligible on all owner occupant sales with a bid acceptance date on or before 2/12/2010.  All owner occupant bids accepted after 2/12/2010 will not be eligible for the any of the incentives above.

Search Wayne County and Oakland County Michigan HUD homes and get the latest listings emailed to you.

Russ Ravary your metro Detroit real estate agent