In many cases, offers on properties in the HUD Homestore must be submitted through an authorized HUD broker. I can submit offers on these properties through our broker at RE/MAX 8. Click here for a FAQ sheet.
The U. S. Department of Housing and Urban Development created the HUD Homestore to help sell properties the department acquired due to a foreclosure on a Federal Housing Administration (FHA) loan. As FHA loans are very popular, particularly among first-time homebuyers, HUD-owned foreclosure properties have increased greatly during the Great Recession of the past several years.
Many people look to foreclosures as a way to acquire deeply-discounted real estate. The HUD Homestore allows searches by state, by address, and by other criteria you would expect on any other real estate search website. But when it comes to actually placing a bid on a HUD home, the general public needs a conduit, as HUD requires all bids be submitted through an authorized HUD broker. I can submit bids to the HUD Homestore through our broker at RE/MAX 8. For a complete list of Frequently Asked Questions about HUD Homestore purchasing and searching, click here. Ready to start your HUD Homestore search? Let's get started! |
HUD - Just one foreclosure resource While the HUD Homestore is one fantastic resource for finding local
foreclosures, it is not the ONLY resource. Attempting to ferrett out all available foreclosures in the local area can be a time-consuming, frustrationg process. It doesn't have to be. I can search for you, with tools and resources put together from many such requests in the past. Simply fill out the form below - and your foreclosure search will be much easier. |
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