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December 10, 2010

Secure Cheap Deals in Foreclosed HUD Homes in Peoria, AZ

Filed under: Arizona Foreclosures - 10 Dec 2010

When borrowers with FHA loans default and their lenders foreclose, FHA pays the lenders and transfers ownership of the foreclosed homes back to HUD. HUD then offers them for sale to anyone who plans on residing in the property as …