If you’re a prospective home buyer struggling to afford a home, you may be eligible for free money from the U.S. Department of Housing and Urban Development. HUD’s Neighborhood Stabilization Program can provide assistance to home buyers purchasing previously foreclosed homes. The government money is available in order to attract interest in previously foreclosed properties. Through this conduit, HUD is also providing a pathway to affordable housing for home buyers earning less than 120 percent of the median income in a given geographical area who are also willing to purchase a previously foreclosed home. The purpose of the program is to expand housing options for low and middle-income home buyers while increasing interest in vacant, previously foreclosed homes in communities around the country. So watch this Real Estate Minute to hear my advice to home buyers who could qualify for government money to help with the purchase of a previously foreclosed property. Be sure subscribe to my YouTube channel for the latest real estate tips and news: http://www.youtube.com/subscription_center?add_user=expertrealestatetips And for more of my real estate and personal finance tips: Read my blog: http://thinkglink.com See my tweets: http://www.twitter.com/glink Follow me on Facebook: http://www.facebook.com/ilyceglink

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