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HUD Commercial HomesByKrista HUD REV


What Is A HUD Home? 

  • An FHA insured mortgage that has gone into default
  • Lender acquires property, submits FHA insurance claim, then conveys ownership to HUD
  • HUD will then sell the home through their Asset Manager (AM), BLB Resources
  • A HUD Home can be a Single Family Residence (SFR), Townhome, Condominium or another type of residence up to 4 units

Who Can Purchase A HUD Home? 

  • Individuals and investors, HUD-approved non-profit organizations or government entities
  • Buyers who can secure a loan or pay cash to secure real estate
  • Pre-approval letter from lender or proof of cash funds is required
  • Priority is given to owner occupants

Benefits Of Buying A HUD Home

FHA Buyers:

  • No appraisal needed
  • Any active termite infestations will be cleared by HUD
  • If necessary- Mold inspection is paid for & Cleared up to $5000

Visit The HUD Homestore To View:

  • Available Homes
  • HUD News
  • NAID Application
  • Bid results & HUD Faq’s

Please visit www.HUDHomestore.com for more information or contact a Real Estate Agent of your choice. Please call 925-325-4663 today for your Free HUD Photo List, Pictures, Prices & Particulars.

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