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    Good Neighbor Home Purchase Discount Program

    Elaine of TSA
    offline

    Posted by Elaine of TSA

    on Nov 14, 2008

    http://www.fhainfo.com/teachernextdoor.htm

    http://www.neamb.com/loans/hmftnd.jsp

    Good Neighbor Next Door
    (Formerly Teacher N
    ext Door) Program

    Homes for teachers at 50% off

    The Good Neighbor Next Door Program (formerly the Teacher Next Door Program) offers HUD-acquired, single family homes to teachers at 50% off the purchase price. Single-family detached homes, condominiums and townhouses are all included. The teacher must purchase a home in the same school district/jurisdiction in which he/she is employed and must reside in the home as their sole residence for at least 3 years. After the 3-year period, the teacher may sell the property and keep any profits.

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    More about: Mortgage assistance, Home Buyer Grant

       

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