Welcome to the world of HUD homes! Whether you are considering buying a HUD home or you are an agent ready to sell a HUD home, as your local HUD listing broker my team and I are here to help you!
A HUD home is a 1-to-4 unit residential property acquired by HUD “Department of Housing and Urban Development” as a result of a foreclosure on an FHA-insured mortgage. HUD becomes the property owner after the foreclosure and offers it for sale to recover some of the loss on the foreclosure.
HUD home purchases are not like other real estate transactions, the processes and requirements are unique to HUD and require agents to be specially trained and equipped to guide their clients successfully through the exciting process of buying a HUD home. As your local HUD broker we offer training and information classes monthly to ensure the success of anyone interested in buying or selling HUD homes.