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HUD incentives ending in Michigan - February 12, 2010 is cut off date

January 31st, 2010 · No Comments · fha mortgages and first time home buyers, tips for home buyers, tips for purchasing a foreclosure

I knew it wouldn’t last forever, but I was kind of shocked to get the information in my email that the HUD incentives for Michigan are ending soon.

As of February 12th of this year (yes, less than 2 weeks away) HUD is putting an end to the wonderful incentives that they’ve been offering for the past year or so on Michigan.

The $100 down FHA program will be gone, as well as the $2500 buyers “gift” on home purchases over $25,000.

Please please PLEASE if you are considering putting a bid on a HUD home and want these incentives your bid has to be accepted by February 12th.  Any bids  accepted after that date will not be able to use these incentives.

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