303.818.4055 Neil@KearneyRealty.com

Buying a HUD Home

by | Feb 2, 2010 | For Buyers

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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  1. Buying Foreclosures in Boulder County
  2. The Home Buying Process – Part 2 – Contract to Close
  3. How to Buy a Home – Part 1 – What Happens First
Neil Kearney has been a Realtor in Boulder since 1991. He is the Broker/Owner of Kearney Realty Co. which is located in downtown Boulder. He specializes in residential real estate throughout Boulder County and serves the communities of Boulder, Broomfield, Louisville, Lafayette, Erie, Superior, Longmont, Niwot and Gunbarrel. The information on this website has been written by Neil and it represents his research and opinion. The statistics are based on data from IRES MLS system. Thanks for visiting.