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Arlington Heights, IL 60004

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The Power of Good Advice

ORM Blog

"Good Neighbor Next Door" Program

June 11, 2018

 

What is it?

HUD ( Housing and Urban Development) offers a substantial Incentive in the form of a discount of 50% from the list price of the home for buying a HUD home during the lottery

 

Who Qualifies?

  •          Law Enforcement Officers,

  •          Pre-Kindergarten through 12th grade teachers,

  •          Firefighters

  •          Emergency Medical Technicians​

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.

 

Requirements

All Good Neighbor participants are required to:

  •          Work with a realtor

  •          Live and work in the revitalization area

  •          Commit to occupy the house for up to 36 months

  •          Bidder or the spouse cannot have participated in GN Previously​

 

Call us to learn more (888)848-6065

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