HPD / HUD Subsidized Home Purchase

anything at all... I'm in a position where I may need to pull out of the contract, becuase I'll be either in another 12-month lease or homeless when my current lease runs out...
Thanks.

yes! i close on a three family hud/hpd house had thoughts of walking away after three months with out a closing date, but my attorney talk me out of it. best deal i ever made. house sold for 405,000 fully renorvated appraiese for 563,000 at closing. stick with it your paper work has to be approve by many parties.

Pawn - I am in the same situation... I get no response from the seller's lawyer and am close to running out on my lease - nearly ready to toss it in and blow up the contract... Hopefully we are not trying to get the same house - ha! Have you contacted HPD directly?

They often delay for a long time and while the product is attractive at first I say buyer beware. Shoddy construction leads to out of pocket repair costs that far exceed the savings you get up front. Just because the city is sponsoring the project that does not mean they oversee the construction process.EastNY09 - Glad things are working out for you, but keep track of any issues as they arise.

http://www.nydailynews.com/ny_local/brooklyn/2007/11/11/2007-11-11_bedfordstuyvesant_buyers_say_contractor_.html