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Updated over 11 years ago,
HUD Homes
Hi, so my fiancé and I are planning to purchase a HUD home in nj since we can utilize the "Good Neighbor" option where we'll get 50% off the asking price (because he's an officer). I think this would be a good choice as our first investment property. Of course repairs will be needed but considering a low mortgage from the discount, it should be a good move. Any thoughts or suggestions about HUD homes?