HUD Good Neighbor Next Door (50% off HUD-owned homes)

• HUD's page says law enforcement officers, pre-K to 12th grade teachers, firefighters and emergency medical technicians can get a discount of 50% from the list price of an eligible HUD home, and the buyer must live in it for 36 months as their principal residence.
• Eligible single-family homes are in revitalization areas and are listed through the program for seven days. If more than one person makes an offer on a home, HUD picks the buyer by random lottery. The number of homes is limited and the list changes weekly.
• HUD's fact sheet says you must work full-time in the eligible job and intend to stay in it for 12 months after closing, and a firefighter or EMT must choose a home in their service area. Neither you nor your spouse may own other residential property when you make the offer or in the 12 months before it.
• You sign a second mortgage and note (a "silent second") for the discount; no interest or payments are due if you meet the 36-month occupancy requirement. The fact sheet says the down payment is $100 with FHA-insured financing, and offers go through a HUD-registered real estate broker.
• General information, not financial or legal advice. HUD's rules decide who qualifies.

Verification: Full-time eligible employment under HUD's rules; offer made through a HUD-registered broker · Ends: n/a (ongoing program; homes listed weekly)