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officer next door homes for sale

The Officer Next Door program that was established by the Department of Housing and urban development (hud) is designed to offer single-family houses, townhouses and condominiums for sale to officers at a 50 percent discount. The goal is to encourage Officers to buy homes in low and moderate-income neighborhoods.

rural development home loan USDA Rural Development Mortgage Guidelines – This web site will explain the USDA Rural Development guaranteed mortgage guidelines. This is a 100% loan to value (100% LTV), government guaranteed home loan that.

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good Neighbor next door program by HUD. What are the Revitalization Areas? GNND Revitalization areas. Search the Current GNND Homes for Sale:.

The HUD Good Neighbor Next Door program offers up to 50% off the home sales price. or through the previous program known as Officer/Teacher Next Door.

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Buy a home through HUD's Good Neighbor Next Door initiative designed to encourage renewal of revitalization areas by providing law enforcement officers,

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Officers must agree to occupy homes as their sole residence for a period of 3 years. The officer must also agree to execute a second mortgage and note in the name of the Department for an amount equal to the 50 percent discount.. The Officer Next Door program is limited to a specialized group.

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