R Beck's (hud) Blog

Many HUD foreclosure investors get the money for a down payment by taking out a HELOC or home equity loan on their primary residence. Here's a useful article about choosing a HELOC lender: How to Get the Best HELOC Rates and Terms. It gives a very solid description of what to look for when taking...

For the past three months, HUD was offering a $500 incentive to brokers who sold HUD foreclosure homes to bidders using FHA-insured financing. Now, under criticism that the incentive may constitute an illegal "kickback," HUD has decided to stop the old program and create a new incentive. Learn mo...

Foreclosure buyers often have a hard time of finding HUD homes for sale. That's because HUD does not publish one single database of foreclosure listings. Instead, they contract with individual listing companies in each state. Each state maintains its own list of HUD homes for sale. If you're look...

A lot of buyers don't know much about bidding on HUD foreclosure properties. That's why I wrote the HUD Foreclosure Guide. The guide walks buyers (and their agents) step-by-step through HUD's unique bidding process. HUD auctions off thousands of homes every year, usually at below-market prices. T...