Hud Owned Homes

This is a private website and is not endorsed by or affiliated with any local, state or federal government agency or authority. These HUD Homes for sale are not exclusively for low-income buyers, but most HUD Homes for sale are regarded as affordable for low to moderate-income purchasers within the market areas where they are located. HUD does have a program available called the 203(K) loan program, which loans money to buyers of HUD homes in order to make needed repairs. This requirement may be in conflict with HUD’s policy to sell homes as-is” except for preservation and protection of the home.

The Forfeiture of Earnest Money Deposit” document clearly states that if an individual buyer submits a contract to purchase a HUD home and does not perform, the 5 percent deposit will be retained by HUD on a non-refundable basis. If you’re looking for a great deal on a …