Hud Home

I see signs in windows of empty houses. can someone explain to me what exactly is a hud home? and how can you acquire them?

Comments(1)

  • RunningQ5th February, 2004

    A HUD home is a foreclosure on a house whose mortgaged was backed by the government (Fannie Mae, Freddie Mac). In order to purchase one of the homes you need to work with an area real estate agent to view the homes and a submit a bid. If you would like me to locate an agent in your area who specializes in HUD homes let me know via private message.

    HUD homes can be wonderful investments and they can also be nightmares....

    Good luck,

    Q

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