HUD Foreclosure Properties
September 7, 2009
How? Once you’ve located a HUD property that you’re interested in, you’re going to need to know the process of purchasing a HUD home. Bids on homes are required to be submitted through a registered real estate broker, who typically will submit the bid via HUD’s online bidding process. The winning bidder is notified by… Read More »
HUD Foreclosure Properties
September 4, 2009
HUD (the United States Department of Housing and Urban Development) acquires foreclosed properties from lenders that are insured through the Federal Housing Administration. Post acquisition, these properties are made available for sale to the public. It is important to note that although it is HUD that sells the foreclosed property, these are not technically HUD-owned… Read More »
HUD Foreclosure Properties
May 12, 2008
As you passed a neighborhood, did you notice the orange stickers on the front door or windows of any house? This is the mark which states that this is a HUD home and is for sale. Maybe you are looking for a property to invest in and the house you liked is a HUD home… Read More »