Broker Associate/Realtor®
What is a HUD Home? A HUD home is a 1 to 4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.
Who can buy a HUD Home? Almost anyone! If you have the cash or can qualify for a loan (subject to certain restrictions) you may buy a HUD Home. HUD Homes are initially offered to owner-occupant purchasers (people who are buying the home as their primary residence). Following the priority period for owner occupants, unsold properties are available to all buyers, including investors.
Are there any special programs? Properties in designated areas are available at a reduced sales price to law enforcement officers, teachers, firefighters, emergency medical technicians, nonprofits and local governments. Contact Jake Worley for more information jakeworley@sbcglobal.net
Click here for HUD Listings
How do I get started:
Click on the HUD link on this page
- Search by City, County, Etc.
- Submit an offer electronically to HUD
- For more information on properties or to set up a viewing call (916) 541-5835 or Email at jakeworley@sbcglobal.net
* Only a registered Broker/Agent can place an offer on a HUD listing contact me for more information.
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