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Tuesday
Feb022010

Buying a HUD Home

According to Hud.gov, 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."   It is a home that is for sale by the government and is sold via auction.

In order to make an offer or view a property owned by HUD a buyer must work with a broker certified for HUD home sales.  I just happen to be certified and would be happy to help you see or make a bid on a HUD home.

To search for a HUD home in Colorado click on the photo below.

Search for HUD Homes Here

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