Who is eligible for this program?

Law enforcement officers, pre-Kindergarten through 12th grade teachers and

firefighters/emergency medical technicians can contribute to community revitalization

while becoming homeowners through HUD’s Good Neighbor Next Door Sales Program.

HUD offers a substantial incentive in the form of a discount of 50% from the list price of

the home. In return you must commit to live in the property for 36 months as your sole

residence.

How the Program Works

Eligible Single Family homes located in revitalization areas are listed exclusively for sales through the Good Neighbor Next Door Sales program. Properties are available for purchase through the program for five days.

How to Participate in Good Neighbor Next Door

I can provide you with the listings for this area.  If more than one person submits on a single home a selection will be made by random lottery. You must meet the requirements for a law enforcement officer, teacher, firefighter or emergency medical technician and comply with HUD’s regulations for the program.

HUD requires that you sign a second mortgage note  for the discount amount. No interest or payments are required on this “silent second” provided that you fulfill the 3 year occupancy requirement. The number of properties available is limited and the list of available properties changes weekly.

For more information on this program, a list of homes  or to purchase one of these homes give Reggie Sullivan at (478)447-9517 or email at realestatemidgeorgia@gmail.com.

  I can assist you with all foreclosed homes in the middle GA area.  I also monitor daily the best buys on the market that are competitive with foreclosure prices.  Troy Young Realty has a number of satisfied customers that have purchased their homes 40-50% below market value.

Troy Young Realty specializes in foreclosed property.  This means you will benefit greatly with an agent that’s negotiating on your behalf in the purchase. 

A foreclosure purchase requires a preapproval/ prequalification letter from your bank or lender as well as $1,000 earnest money binder.

A popular loan alternative would be a purchase renovation loan, which also provides funds for the usual renovations associated with foreclosed property.    I’ve attached a list of some foreclosed properties.  I will be happy to sell you one of these great buys.  For further assistance in your purchase or prequalification, please give me a call at 478-447-9517 or respond by email to realestatemidgeorgia@gmail.com.

$0-$50,000

$51,000-$100,000

$101,000-$200,000

$200,000++++

 

 1391 Briarcliff Rd 1B $160,000

Condominium for sale in Shirley Hills (Richland Estates). 3 bedroom, 4bath with large bonus.  Condo features: 3482 sqft, Lots of storage/ closet space, private setting, 2 car garage, walkin closets, fireplace, wet bar, whirlpool tub, patio, large kitchen, storm windows, huge master bedroom(15×20), lots of room for extended family. assoc. fee $175/month. Must see to appreciate the space. Amenities include maintenance, street lights, clubhouse, pool, and tennis courts. For more information give Reggie Sullivan a call at (478)447-9517 or email at realestatemidgeorgia@gmail.com

Now is the time to buy, not only are foreclosures hot but there are a lot of motivated sellers that are willing to negotiate. Never has buying a home been so exciting. Call Reggie Sullivan for your dream home today at (478)447-9517

107 Gooseberry Lane $144,000

3 bedroom, 2 bath home in Warner Robins, GA. Features 1,841 sq. ft.Large bedrooms, fireplace, whirlpool tub. Excellent buy for the price. For more info give Reggie Sullivan a call at (478)447-9517 or email at realestatemidgeorgia@gmail.com

click here for list of homes

 64 Acres for sale Macon, GA.  Will divide! Frontage on I-75 and Jennifer Drive, Macon GA.  Located a few blocks from Coca Cola Enterprises and Shrine Park. Suggested use: Hotel/Motel, Industrial, Development, Hunting Tract -with approval. Rocky Creek flows through property. Zoned C-2. Call Reggie Sullivan for more information at (478)447-9517

2927 Malibu Dr $69,000

3bedroom, 2bath home in East Macon, 1858 sq ft, split level home great for first time homebuyer or investor.Give Reggie Sullivan a call for more info on this gorgeous home. (478)447-9517 or email at realestatemidgeorgia@gmail.com

Everyone is an investor. (whether it be your 401k, stock options in your company, a college student, or the small business owner)For a growing number of investors, the spate of home foreclosures across the country — a result of the mortgage crisis and drop in real estate values — is creating extraordinary buying opportunities for distressed properties.   With the rental market as strong as it is, and prices as low as they’ve been, THIS IS AS GOOD AS IT GETS! 

“We are, by almost anybody’s estimation, at the highest level of foreclosure activity this country has ever seen,” said Rick Sharga, a senior vice president of RealtyTrac, which is based in Irvine, Calif. He cited a recent report by the Center for American Progress, a liberal research institute in Washington, estimating that nearly 0.6 percent of all housing units in the United States are bank-owned, the same ratio as in 1930, during the Great Depression.

With many stock portfolios in the doldrums, many investors have been turning their attention toward the widening foreclosure real estate market as an investment alternative. In this economy if you’re  looking for the best returns, Real Estate is the way to go. Most investors earn $8,000 to $25,000 on each foreclosed property.

Distressed properties can typically be bought at discounts of 20 to 30 percent or more from their peak prices, according to market experts. Homes in stable areas where there was appreciation in the past can be especially good investments. For updated lists of these properties and to make your real estate investment Give Reggie Sullivan a call at (478)447-9517 or email at realestatemidgeorgia@gmail.com

135 Country Oaks Drive- $149,000 

Beautiful 3bedroom/ 2bath home for sale, Corner lot in North Macon (Country Oaks Subdivision). Home features: spacious rooms, 1 level, split floor plan, walk in closets in all bedrooms. Hardwood, marble and Carpet flooring, upgraded fixtures, deck, fireplace. Private fenced backyard. Close to shopping, great schools and recreation nearby. Call Reggie Sullivan at (478)447-9517 for more info or email at realestatemidgeorgia@gmail.com