Hud House

[tk3000]

Hello Folks,

I am intending to buy a house in the beautiful State of West Virginia (Huntington), and currently I live in Lansing, MI (not so nice). I found an interesting HUD house that has been foreclosure. I know that there are programs which allow homeless veterans to live in HUD houses, but since I am not homeless thus I do not fit that profile. So I was wondering if been a 80% disabled veteran would in any way help me in purchasing a HUD house.

Thanks,

tk3000

[carlie]

That would depend on if you get a VA or conventional loan, for financing.

[JR Reihs]

Hello Folks,

I am intending to buy a house in the beautiful State of West Virginia (Huntington), and currently I live in Lansing, MI (not so nice). I found an interesting HUD house that has been foreclosure. I know that there are programs which allow homeless veterans to live in HUD houses, but since I am not homeless thus I do not fit that profile. So I was wondering if been a 80% disabled veteran would in any way help me in purchasing a HUD house.

Thanks,

tk3000

Dang man, why do you want to live in Huntington..........the place has really gone to the thugs in the last 10 years.

No way in hell I would ever consider moving into that town............you can find some great property outside of the city.

[tk3000]

That would depend on if you get a VA or conventional loan, for financing.

Carlie, I was mostly considering any favorable conditions to buy the property, not necessary conditions related to a VA loan/mortage. I know VA loans have lower requirements (not need for downpayment, etc), but such conditions apply to any lender who would take VA loans and any property that fit the requirements. I know that HUD and the VA have partnership and a program oriented towards homeless veterans though.

Tk3000

[tk3000]

Dang man, why do you want to live in Huntington..........the place has really gone to the thugs in the last 10 years.

No way in hell I would ever consider moving into that town............you can find some great property outside of the city.

JR, hmmm... In reality I have never been in Huntington before; I am planing a trip to that region though. So I really do not know much about it, besides what read and hear about. In Lansing, MI, the winter is very long and harsh (lots of snow accumulation, sleet, and ice, temps often in the teens and single digits) and I understand that the winter and summer is very mild in the WV and even milder in the region whereon Huntington is compare the whole State of WV. Another thing I was taking into account is the cost of living: I live in 960sqf condo unit and pay about US$1500 in property taxes per year, for a much larger house in Huntington I would pay US$450 in property taxes per year. I also heard that Huntington is the shopping corridor of WV, and it is home to Marshall Univ. But if the city is in decay as you say and criminality is skyrocketing I would consider any other town nearby. I also heard that WV is the least prone to severe weather (tornados, etc) and that the mountains and nature is beautiful there.

I was not considering Huntington downtown though, actually I was looking into a place close to the VA hospital (Spring Valley region). But as I said before I am mostly ignorant about the area, so you have insights and suggestions to give me it would be awesome.

tk3000

[BakerGeckos]

My mom lives in West Virginia beware you will need to pay high property tax on all vehicles yearly...