Good Neighbor Home Buying Program
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- How the Program Works. Eligible Single Family homes located in revitalization areas are listed exclusively for sale through the Good Neighbor Next Door Sales program. Properties are available for purchase through the program for seven days. How to Participate in Good Neighbor Next Door. Check the listings for your state. Follow the instructions to submit your interest in purchasing a specific home.
- The U.S. Department of Housing and Urban Development (HUD) wants to make American communities stronger and to build a safer nation. The Good Neighbor Next Door (GNND) program helps make this goal a reality by encouraging law enforcement officers, pre-K through 12th grade teachers and firefighters/emergency medical technicians to become homeowners in revitalization areas.
- Good Neighbor Next Door Program. Quick Info. This program helps eligible participants purchase a home, at a 50 percent discount, in a HUD revitalization area. Program Contact. 1-800-225-5342. Additional Info. HUD Homes Search. Managing Agency. U.S. Department of …
- Feb 03, 2021 · Good Neighbor Next Door is a community revitalization program, sponsored by the U.S. Department of Housing and Urban Development (HUD), for …
- The Good Neighbor Next Door program allows eligible buyers to purchase homes in targeted revitalization areas for 50% off the listed price of the HUD home! EXAMPLE: If you found a HUD home listed for sale at $300,000, you could purchase the home for just $150,000 and the other $150,000 would become a ‘silent second’ mortgage that will be forgiven after three years of primary residence …
- Jun 30, 2020 · The Good Neighbor Next Door program might sound almost too good to be true: Teachers, law enforcement officers, firefighters and emergency medical technicians can buy homes …
- Oct 14, 2019 · When you purchase a home through the Good Neighbor Next Door program, you’ve got plenty of funding options. You can pay in cash — an often-out-of-reach option the 50% discount may just bring to the table. Otherwise, you can apply for a conventional, FHA loan or VA mortgage, and you can even use down payment assistance funds, as well.
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