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Beginner’s Guide To HUD Homes For Real Estate Investors

A HUD home is a 1-to-4 unit residential property acquired by the U.S. Department of Housing and Urban Development as a result of a foreclosure action on an FHA-insured mortgage. Once the money has been given, the lender will receive an insurance policy from HUD that protects its financial interest. The property is then put on the market for what is called the Initial Listing Period, during which time HUD will receive offers on the property. HUDHomeStore -search for HUD Homes for sale nationwide by city, county, price and more. They are homes that Housing and Urban Development have taken back with foreclosure. So you get homes that basically rot from the inside out in some cases, and that are harbingers for mold.hud homes for sale

Search: Pick through ‘s vast database of Foreclosed HUD Homes, VA Foreclosures, Fannie Mae Foreclosures, Freddie Mac Foreclosures, and other Government Houses for Sale. So, for more …