In North Carolina, HUD homes can be found in various locations and neighborhoods across the state and can range in size, age, condition, and price. They are sold "as-is" and may require repairs and renovations.
One of the benefits of buying a HUD home is the opportunity to purchase a property at a lower price than market value. HUD also offers special programs such as the Good Neighbor Next Door program, which offers a 50% discount to certain public servants and educators, and the Homeowners Armed with Knowledge (HAWK) program, which provides a $200 discount on the purchase price of a HUD home to buyers who complete an online home-buying education course.
It's important to note that HUD homes are sold through a bidding process and it can be competitive. Lightkeeper Realty as a HUD approved buyer's agent can help you navigate the process, provide you with the necessary information, and help you prepare and submit a successful bid on a HUD home in North Carolina.
Welcome to NCHUDHomes.com, your premier resource for finding properties owned by the U.S Department of Housing and Urban Development (HUD) in North Carolina. We understand that buying a home can be a daunting process, which is why we have partnered with Lightkeeper Realty, a HUD approved real estate agency, to help make your search as easy and stress-free as possible. With Lightkeeper's expertise and our user-friendly website, you can search through a wide range of HUD properties and find your dream home at an affordable price. Trust NCHUDHomes.com to guide you through the process and work with Lightkeeper to ensure a smooth and successful transaction. Browse the listings today and start your journey to homeownership with NCHUDHomes.com.HUD Homes In NC
NCHUDHomes.com not only helps connect buyers with HUD-owned properties, but also with VA-acquired properties. These properties are owned by the U.S Department of Veterans Affairs and are made available for purchase to eligible buyers. With the help of our partner, Lightkeeper Realty, a HUD and VA-approved real estate agency, we can guide you through the process of finding and purchasing a VA-acquired property. Our user-friendly website allows you to search through a wide range of VA-acquired properties, making it easy for you to find your dream home at an affordable price. Trust NCHUDHomes.com to assist you in finding your home and your peace of mind with VA-acquired properties.Veteran Affairs homes for sale in NC
.There are several government mortgage insurance programs that make homeownership more affordable for eligible buyers. These programs include:
Federal Housing Administration (FHA): The FHA insures mortgages made by approved lenders, allowing buyers to put down as little as 3.5% of the purchase price. This program is particularly beneficial for first-time buyers or buyers with less-than-perfect credit.
Veterans Affairs (VA): The VA provides home loan benefits to veterans, active-duty service members, and eligible surviving spouses. The VA does not provide mortgages, but instead guarantees a portion of the loan, which allows veterans to purchase a home with little or no down payment.
Department of Agriculture (USDA): The USDA provides home loans to low and moderate-income buyers in rural areas. USDA home loans are offered with 100% financing, meaning no down payment is required.
Freddie Mac: Freddie Mac is a government-sponsored enterprise (GSE) that purchases mortgages on the secondary market and makes them available for purchase through their HomeSteps program. Buyers can purchase a Freddie Mac home with as little as 3% down.
Fannie Mae: Fannie Mae is another GSE that purchases mortgages on the secondary market and makes them available for purchase through their HomePath program. Similar to Freddie Mac, buyers can purchase a Fannie Mae home with as little as 3% down.
All of these programs have their own set of guidelines and requirements, and these homes are sold through various sales programs such as auctions, private sales, and real estate agents. NCHUDHomes.com uses Lightkeeper Realty, a full-service real estate agency, to help buyers navigate these programs and find their perfect government-acquired home.