Good Neighbor Next Door Loan Program Helps Teachers, Police, Firefighters & Medics

Good Neighbor Next Door Loan Program Helps Teachers, Police, Firefighters & Medics

Have you ever heard of the Good Neighbor Next Door Program sponsored by HUD? The United States Department of Housing and Urban Development, also known as HUD, is a Cabinet department in the Executive branch of the Us federal government. They sponsor many programs, including the Good Neighbor Next Door program. It isn’t just limited to first-time homebuyers. It’s actually open to professions including law enforcement officers, firefighters, medics, and teachers. Here’s the deal though. A home purchased through the Good Neighbor Next Door Program must be your primary residence. When you agree to live in the home for at least three years, you can get up to a 50 percent savings and a low downpayment of just $100.

If you want to check out properties available through the Good Neighbor Next Door program, you can check on the HUD website. They aren’t always available in every area at all times, but it’s a great place to check. The homes are usually properties located in places that have been marked for revitalization. The idea is to attract a strong workforce of members of these valuable professions into a neighborhood.

Be sure to check the property out though, because since the areas are areas targeted for revitalization, they might not be in areas you want to live. For couples just starting out though, this can be the perfect investment, stater home. An area of rural abandonment or urban decay that’s been marked for revitalization can mean that improved conditions, and consequently, improved home values may be on the way down the road.

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Newest Homes for Sale in Dubois County

View the newest homes listed in Dubois County in the last 10 days:

Step back in time with this nostalgic 1954 Stone ranch home, offering timeless charm.  From the Breezeway to the retro kitchen, this home Features 3 bedrooms and 2 full baths. This one of a kind residence includes a one-car garage for you convenience.  Inside, you'll find all the furniture is included but sellers are willing to remove it. The large living room has a full wall of stone with a gas log fireplace.   The basement has a curved brick fireplace and a bar with lots of sitting space. Patio area off the breezeway provides outdoor Embrace the character this home invites as you enjoy the simpler era. $219,000 Active

1015 Dorbett Street Jasper, Indiana

3 Beds 2 Baths 2,718 SqFt 0.310 Acres

Listing courtesy of Brenda Krempp from RE/MAX Local.

Welcome to your dream home! This inviting 3-bedroom, 1.5-bathroom home is perfectly situated on the edge of town, offering the perfect blend of tranquility and convenience. The large, insulated, and well-lit attached garage measures 27’ by 32’, providing ample space for vehicles, storage, and hobbies! Relax and entertain on the brand new front deck or the stunning two-level back deck, perfect for enjoying peaceful evenings and gatherings. Other updates include brand new dishwasher, additional insulation - December 2023, water heater - 3 years old, refrigerator - 3 years old.  Don’t miss out on this beautiful home! $249,000 Active

212 E 23rd Street Ferdinand, Indiana

3 Beds 2 Baths 1,284 SqFt 0.840 Acres

Listing courtesy of Courtnay Begle from RE/MAX REVOLUTION.

Location, Location, Location!  Right in the center of town, this house is close to shopping, restaurants, and activities.  This spacious Jasper home can be also used as a duplex.  New flooring throughout. The main level features a kitchen including the refrigerator, range, and dishwasher, 2 bedrooms, a full updated bathroom, laundry room that includes the washer and dryer, and living room.   The upstairs features a kitchen including the range and refrigerator, full bathroom, living room, 2 bedrooms including a walk in closest in the main bedroom along with a window unit.  The seller is offering a home warranty for piece of mind. $199,000 Active

1328 N Newton Street Jasper, Indiana

4 Beds 2 Baths 2,164 SqFt 0.130 Acres

Listing courtesy of Stacey Hurst from RE/MAX REVOLUTION.