What is a HUD Home?
When a buyer defaults (stops making payments) on a FHA insured loan, FHA conveys the title of the property to Housing and Urban Development, a federal agency. The home is then put up for sale by bid. These homes are usually sold in as-is condition which is usually reflected in the asking price.

 

Who Can Buy A HUD Home?
Anyone (within bid date guidelines) who has been financially pre-qualified with a lender and or/anyone who can pay cash. (The funds must be pre-verified.)

How To Bid on a HUD Home

HUD Home Bids must be done through a registered HUD agent. Fill out the Feedback Form on this page for future updates and/or bidding process information.