HUD Homes:The Department of Housing and Urban Development (HUD) is a federal agency that insures home loans to homeowners through its Federal Housing Administration (FHA). When a property owner defaults on a HUD insured home loan, HUD purchases the home from the lender and sells it to the public at auction or through a traditional real estate listing agent or service. With the high rate of FHA insured loans buyers are seeing more and more HUD home for sale signs. These home sales offer a great opportunity to purchase a quality home adn below traditional resale homes.
Looking to buy a HUD / Foreclosure or Pre-Forclosure talk to someone that know how to get you the best deal intodays market.
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