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What is a HUD Home?

What is a HUD Home? 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 to recover the loss on the foreclosure claim.... Read more

What is a HUD Home?

What is a HUD Home? A HUD Home is a property with an FHA insured mortgage that has gone into default. The lender acquires the property, submits FHA insurance claim, and then conveys ownership to the U.S. Department of Housing and Urban Development (HUD). ... Read more

About Good Neighbor Next Door

Law enforcement officers, pre-Kindergarten through 12th grade teachers, firefighters and emergency medical technicians can contribute to community revitalization while becoming homeowners through HUD's Good Neighbor Next Door Sales Program. HUD offers... Read more

When can an investor purchaser submit an offer for a HUD property?

When can an investor purchaser submit an offer for a property? Investors may submit a bid once a property enters the Extended Listing Period. This period begins once the Exclusive Listing Period is over. If the property is being sold as Insured (IN) ... Read more

HUD Homes - Do I need an agent to make an offer?

Do I need an agent to make an offer? You cannot put in an offer on a HUD Home by yourself. You must use a Selling Broker who is licensed to sell HUD Homes to represent you (or a Selling Agent who works under that Broker), or you can go through the HUD-R... Read more

Can I buy a home for investment purposes?

Can I buy a home for investment purposes? Yes, but you must wait until the Exclusive listing period is over, since no investors can place bids during that time. Once the Exclusive listing period ends, the Extended listing period begins, then investors c... Read more

Welcome!

Welcome Joe & Jenelle! This is the blog page of your ELITE Website. Writing a blog can help generate traffic for your site, convince visitors that you are the REALTOR® they want to work with and even collect leads from visitors who comment. To get st... Read more

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

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