What is a HUD Home? A HUD Home is a one to four single family residence that has been conveyed to HUD by the lender as a result of foreclosure when the borrower defaults on the FHA-insured loan. HUD in turn sells the property at “AS IS” market value based on a recent appraisal as quickly as possible through the (AM) Contractor. HUD Homes vary in price, location, and condition. Some are move‐in ready condition.
Do I need a REALTOR to place a bid for me?
Yes, please contact a registered HUD broker or agent to place a bid on a property and to access the home listed for sale. To lookup a broker/agent in your area, visit the HUDHomestore website.
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