New Hampshire Real Estate Blog

New listing, HUD home for sale, 12 Drew Road, Somersworth NH

Property is owned by Housing and Urban Development (HUD) Case # 341-085311 IE. Property to be sold in as-is condition. Neither owner nor agent makes any warranties or representations. Property is sold "AS IS AS SEEN".This property can be financed with a FHA 203b-insured with escrow loan or FHA 203k loan if financing with an FHA loan. This charming single family 3 BDRM, 1 BATH, features a sunny kitchen, some hardwood flooring, celling fans, vinyl windows, enclosed porch w/a level fenced yard.

This home may also be eligible for special purchase though HUD’s program “Neighbor Next Door”. 

For more information, or to schedule a showing, contact Bill Somerset, Avalar Advantage Real Estate by email at bill@avalarnh.com, or by phone at 603-512-5971

What is the good neighbor next door program?

The Neighbor Next Door initiatives are a collection of FHA's home sales programs designed to help communities and promote home ownership.

Help a neighborhood! Buy a home through HUD's Good Neighbor Next Door initiative designed to encourage renewal of revitalization areas by providing law enforcement officers, firefighters, emergency medical technicians and teachers an opportunity to purchase homes in these communities. HUD provides a substantial incentive in the form of a fifty percent discount off the list price of eligible properties.

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.

Are there home in New Hampshire and Maine sold though HUD'S Good Neighbor Program?

Yes!   There are dozens of properties today for sale by HUD.  As of today, in New Hampshire there are 25 properties for sale and they are all eligible for the program.  In Maine there are 16 homes for sale.  These homes are sold at discount prices, so the inventory is changing on a daily basis.

Can I view any of these homes?

Yes, to view any of these homes, call me, Bill Somerset at 603-512-5971 to set up your private showing.