Overland Park KS Homes for sale & Johnson County Real Estate Blog: Johnson County KS HUD Homes Available, only $500 Down Payment

Johnson County KS HUD Homes Available, only $500 Down Payment

Are you looking for a Johnson County Kansas Home but lack the required 3.5% down payment? Well then a HUD foreclosed home might be your answer. Homes that are foreclosed by HUD (the Department of Housing & Urban Developement) only require a $500 down payment contribution from the buyer. You can also request for HUD to pay a contribution towards your closing costs.

Right now there are 11 HUD homes available in Johnson County but the good news is that HUD adds new listings every Thursday. So if none of the current properties meet your needs, next Thurday a new property might come to market that does.

To view and bid on HUD home you must work with a HUD registered real estate agent/broker. The best properties always sell quickly, so give us a call today and we will keep you updated on all the HUD properties available

Start Your Johnson County Home Search Here

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The Russell Home Team is a HUD registered real estate agent, we are licensed in both Kansas & Missouri to help will all of your real estate needs. we can be contacted at 913-681-1383, info@russellhometeam.com or www.SearchjocoHomes.com

 

 Mike Russell is a REALTOR with Keller Williams Realty. Mike specializes in Johnson County Kansas Homes and Real Estate for sale. Mike is a tech savvy realtor with over 17 years experience. Did you enjoy Mike's Blog? Feel free to subscribe or join Mike on his Social Network to stay up to date on Overland Park, Olathe, Leawood, Lenexa, Shawnee and all of Johnson Counties real estate news and more...

Mike Russell & Associates can be reached at 913-266-5828 or MRussell@KW.com  or www.SearchjocoHomes.com

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Comment balloon 2 commentsMike Russell • January 21 2009 12:14PM

Comments

Don't know about you, but I know a few folks who should have wrapped up a purchase before the end of the year with their FHA loans.  The extra half percent doesn't sound like much, but to anyone who took a profound beating in the sale of a home, that half percent might have been earmarked for a fridge.  HUD is looking more and more attractive as minimal down options are going ... going ...

Posted by Paul Slaybaugh, Scottsdale, AZ Real Estate (Realty Executives) almost 9 years ago

Hey Paul,

I would like to see a 0% down FHA product. Just give it strict income limits, require minimum credit score & reserves & time on job.

The problem with Seller DAP has been giving those loans to the unqualified, not the loan itself.

Posted by Mike Russell, Overland Park Kansas Real Estate (Mike Russell & Associates) almost 9 years ago

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