* Quick Search Tips - Select MLS Number OR Street/City/State OR Zip Code - then make your other selections.
For more information call us Today (813) 944-2145
What is a HUD Home?
A HUD home is a 1 to 4 unit residential property acquired by the House and Urban Development Department (HUD) of the Federal Government 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.
Who can buy a HUD Home? Almost anyone! If you have the cash or can qualify for a loan (subject to certain restrictions) you may buy a HUD Home. HUD Homes are initially offered to owner-occupant purchasers (people who are buying the home as their primary residence). Following the priority period for owner occupants, unsold properties are available to all buyers, including investors. Click here for available properties in your area.
How are HUD Homes sold? All properties available for purchase by the public are offered for sale by management companies under contract to HUD. A real estate broker registered with HUD may submit an offer and contract to purchase on your behalf. HUD pays the real estate broker's commission. Click here to submit an offer today.
Are there any special programs? Properties in designated areas are available at a reduced sales price to law enforcement officers, teachers, firefighters, emergency medical technicians, nonprofits and local governments.
Should I get a home inspection? We encourage you to get an inspection after your offer is accepted. All HUD Homes are sold AS-IS, without warranty. HUD will not make repairs nor pay to correct any problems.
