Great Deals On Government Owned Homes

Great Deals On Government Owned Homes

What exactly 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 recover the loss on the foreclosure claim.

The following information is provided to as an introduction to the process through which HUD homes can be purchased. You can either scroll down the page, or access specific topics through the following topic menu. Additional links provided in the menu to the right provide access to FHA program and policy information for homeowners, homebuyers, and members of the mortgage lending and real estate industries.

If you are interesting in purchasing one of these value priced homes, give Steve or Sandra a call; Steve is registered to sell HUD homes in Washington State. 206-522-9577.

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Posted on September 3, 2012 at 5:59 pm
Steve Hill | Category: Uncategorized

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