HUD Information | New Initiatives for Oklahoma

HUD Information | New Initiatives for Oklahoma | 2008 Changes

As of January 4, 2008, HUD is offering a $100 Down payment initiative for Oklahoma.

The $100 down payment is for owner occupants purchasing a HUD Home with FHA financing. This incentive is also available to owner occupant purchasers who obtain a FHA Home Repair loan (203K).

It's a great time to Purchase an Oklahoma HUD Home with FHA financing. A $1,000 Sales Allowance for owner occupant sales where a full listing price offer has been accepted and the listing price is $50,000 or less or a $1,500 Sales Allowance for owner occupant sales where a full listing price offer has been accepted and the listing price is $50,001 or more. The incentives will apply to properties listed on or after January 4, 2008. These incentives are specific to the states of Kansas, Missouri, and Oklahoma.

If you want to make an offer on any HUD home in Oklahoma, call me at
918-272-0809. Ask for Mick.

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