HUD 501-744066 9A Vistamar Guayama PR. Living room, dining room, family room, kitchen, 3 bedrooms, 2 bathrooms, balcony, and carport inside a gated community. Subject to qualification under the HUD Good Neighbor Next Door. 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. Law enforcement officers, teachers (pre-Kindergarten through 12th grade) firefighters and 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, an eligible buyer must commit to live in the property for 36 months as his/her principal residence. If multiple offers are submitted 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 and note for the discount amount. No interest or payments are required on this "silent second" provided that you fulfill the three-year occupancy requirement. Subject to FHA Appraisal. FHA (IE) and FHA 203(k) eligible. HUD can contribute up to 3% of the sale price for closing costs. Buyer pays expenses of the closing agent and others of the deed of sale. Areas/age are approximate. Repairs are not allowed before closing. Properties built before 1978 may require study/correction of lead-based paint. Equal Housing Opportunity. hudhomestore .gov GPS 17.9745995, -66.1027489
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