Attention First Time Home buyers, you may qualify for a $100 down payment on your home purchase.  If you choose to buy a HUD foreclosed home, and use FHA financing for your loans, then HUD will allow you to put only $100 down instead of the new 3.5% down payment.  HUD will even allow up to 3% of the sales price of the home to assist you with Closing Costs.  There are many HUD foreclosed homes available For Sale now, and list continues to grow daily.  Many of these homes only require a little TLC, carpet, or paint.  You will not only be able to purchase your First Home, but you will also be stimulating the economy with your home purchase by reducing the inventory of foreclosed homes.  Also, as a First Time Home buyer, you would still qualify for that $8,000 tax credit, as long as you purchase your home before December 1, 2009. Call Today and Ask for more details about the HUD home buying process.