HUD Inspection | What is a HUD Home Inspection? [April 2020]

HUD inspection
Many homeowners consider purchasing one of the bargain-priced houses available through the HUD Homestore program. However, it’s always recommended to get a HUD inspection for the home completed prior to the purchase.

The properties available for sale through this program are owned by the United States Department of Housing and Urban Development (HUD). It is a branch of the federal government. This sector is linked to the Federal Housing Administration which offers a very advantageous mortgage program to prospective home buyers.

In this program, the government agrees to back a portion of the loan. This federal backing enables private lenders to offer more advantageous features and financial incentives to buyers.

Get Help Pre Qualifying for a HUD-approved Low Credit Home Loan – Click Here!

Unfortunately, these mortgages sometimes move into foreclosure when owners miss their monthly mortgage payments. The lender needs to recoup some

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Wichita, KS HUD Housing and Foreclosure Homes

12-08-2020

Active

 

1 br

1 ba

Single-Family

Foreclosure

$58,900

View Details

12-08-2020

Active

 

2 br

1 ba

Single-Family

Foreclosure

$68,500

View Details

12-08-2020

Active

 

4 br

3 ba

Single-Family

Foreclosure

$235,000

View Details

12-05-2020

Active

 

3 br

2 ba

Single-Family

Foreclosure

$135,000

View Details

12-05-2020

Active

 

3 br

2 ba

Single-Family

Foreclosure

$105,000

View Details

12-03-2020

Active

 

3 br

2 ba

2784 sqft

Single-Family

Foreclosure

$125,000

View Details

12-03-2020

Active

 

3 br

1 ba

Single-Family

Foreclosure

$95,000

View Details

11-29-2020

Active

 

3 br

2 ba

1152 sqft

Single-Family

Foreclosure

$135,000

View Details

11-24-2020

Active

 

4 br

2 ba

1800 sqft

Single-Family

Foreclosure

View Details

11-21-2020

Active

 

4 br

3 ba

Single-Family

Foreclosure

$499,000

View Details

11-20-2020

Active

 

3 br

1 ba

1060 sqft

Single-Family

Foreclosure

$105,000

View Details

11-20-2020

Active

 

3 br

2 ba

1476 sqft

Single-Family

Foreclosure

View Details

11-19-2020

Active

 

3 br

1 ba

Single-Family

Foreclosure

$164,900

View

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Portland, OR HUD Housing and Foreclosure Homes

11-20-2020

Active

 

1 br

1 ba

518 sqft

Condo

Foreclosure

$133,900

View Details

11-15-2020

Active

 

1 br

1 ba

Condo

Foreclosure

$343,332

View Details

11-13-2020

Active

 

1 br

1 ba

Condo

Foreclosure

$389,900

View Details

11-04-2020

Active

 

2 br

1 ba

Condo

Foreclosure

$209,900

View Details

11-04-2020

Active

 

2 br

1 ba

1353 sqft

Single-Family

Foreclosure

$360,000

View Details

10-28-2020

Active

 

2 br

1 ba

1063 sqft

Condo

Foreclosure

View Details

10-24-2020

Active

 

3 br

3 ba

Single-Family

Foreclosure

$386,500

View Details

10-21-2020

Active

 

3 br

3 ba

2245 sqft

Single-Family

Foreclosure

$524,900

View Details

10-10-2020

Active

 

2 br

1 ba

902 sqft

Condo

Foreclosure

View Details

10-09-2020

Active

 

3 br

2 ba

1192 sqft

Single-Family

Foreclosure

View Details

10-09-2020

Active

 

2 br

1 ba

1298 sqft

Single-Family

Foreclosure

View Details

10-09-2020

Active

 

2 br

1 ba

840 sqft

Single-Family

Foreclosure

View Details

10-09-2020

Active

 

4 br

3 ba

2593

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HUD Dollar Homes | Understanding the Dollar Homes Program (2018)

Many people have heard of the HUD Dollar Homes program and are understandably interested in what it could mean for them. After all, everyone wants to find a bargain on the home of their dreams.

This program is run by the Department of Housing and Urban Development (HUD) and features homes that were once for sale through the HUD Homestore. All of the properties listed on this government website are foreclosed homes that once had an FHA mortgage.

Have a home you like but still need to secure financing? Get pre approved fast – Click Here!

HUD Dollar Homes
In a Federal Housing Administration (FHA) loan, the federal government agrees to back a portion of the loan for a private lender.

The lender will want to recoup the money they lose if a homeowner decides to stop making their monthly mortgage payments.

Many of these lenders will turn

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Richmond, VA HUD Housing and Foreclosure Homes

11-08-2020

Active

 

4 br

2 ba

Single-Family

Foreclosure

$202,000

View Details

11-07-2020

Active

 

4 br

2 ba

1953 sqft

Single-Family

Foreclosure

$202,000

View Details

10-30-2020

Active

 

3 br

2 ba

1456 sqft

Single-Family

Foreclosure

$172,000

View Details

10-28-2020

Active

 

3 br

2 ba

1714 sqft

Single-Family

Foreclosure

View Details

10-21-2020

Active

 

3 br

2 ba

2036 sqft

Single-Family

Foreclosure

$139,000

View Details

10-21-2020

Active

 

5 br

3 ba

Single-Family

Foreclosure

$275,000

View Details

10-20-2020

Active

 

4 br

3 ba

2637 sqft

Single-Family

Foreclosure

$296,600

View Details

10-20-2020

Active

 

3 br

3 ba

3134 sqft

Single-Family

Foreclosure

$170,000

View Details

09-09-2020

Active

 

3 br

2 ba

948 sqft

Single-Family

Foreclosure

View Details

09-04-2020

Active

 

4 br

2 ba

1632 sqft

Single-Family

Foreclosure

$250,000

View Details

08-18-2020

Active

 

4 br

2 ba

1788 sqft

Single-Family

Foreclosure

$175,000

View Details

08-06-2020

Active

 

Land

Foreclosure

$40,000

View Details

07-29-2020

Active

 

3 br

2 ba

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Birmingham, AL HUD Housing and Foreclosure Homes

11-06-2020

Active

 

3 br

1 ba

1704 sqft

Single-Family

Foreclosure

$25,000

View Details

11-04-2020

Active

 

3 br

2 ba

1680 sqft

Single-Family

Foreclosure

$30,000

View Details

11-02-2020

Active

 

3 br

2 ba

1683 sqft

Single-Family

Foreclosure

$109,900

View Details

10-31-2020

Active

 

3 br

2 ba

Single-Family

Foreclosure

$120,000

View Details

10-28-2020

Active

 

3 br

2 ba

1042 sqft

Single-Family

Foreclosure

View Details

10-28-2020

Active

 

3 br

1 ba

900 sqft

Single-Family

Foreclosure

View Details

10-28-2020

Active

 

3 br

1 ba

1128 sqft

Single-Family

Foreclosure

View Details

10-28-2020

Active

 

3 br

2 ba

1741 sqft

Single-Family

Foreclosure

$115,000

View Details

10-28-2020

Active

 

3 br

1 ba

1188 sqft

Single-Family

Foreclosure

$29,900

View Details

10-26-2020

Active

 

3 br

1 ba

 

Foreclosure

$29,400

View Details

10-25-2020

Active

 

3 br

3 ba

1540 sqft

Single-Family

Foreclosure

$155,000

View Details

10-24-2020

Active

 

3 br

1 ba

Single-Family

Foreclosure

$29,400

View Details

10-23-2020

Active

 

6 br

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Texas Hud Homes | Texas Hud Homes For Sale

HUDHomes.com

Find HUD Homes Nationwide

HUDhomes.com is not affiliated with or endorsed by the U.S. Department of Housing and Urban Development

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Rochester, NY HUD Housing and Foreclosure Homes

10-23-2020

Active

 

3 br

1 ba

1446 sqft

Single-Family

Foreclosure

$12,900

View Details

09-11-2020

Active

 

3 br

3 ba

1352 sqft

Single-Family

Foreclosure

$84,900

View Details

09-09-2020

Active

 

3 br

1 ba

1043 sqft

Single-Family

Foreclosure

View Details

08-30-2020

Active

 

3 br

1 ba

964 sqft

Single-Family

Foreclosure

$100,900

View Details

08-23-2020

Active

 

Multi-Family

Foreclosure

$30,000

View Details

07-16-2020

Active

 

3 br

2 ba

1970 sqft

Multi-Family

Foreclosure

View Details

07-09-2020

Active

 

3 br

1 ba

775 sqft

Single-Family

Foreclosure

$84,700

View Details

07-05-2020

Active

 

2 br

1 ba

988 sqft

Single-Family

Foreclosure

View Details

05-31-2020

Active

 

3 br

1 ba

1444 sqft

Single-Family

Foreclosure

View Details

04-08-2020

Active

 

1 ba

Multi-Family

Foreclosure

View Details

04-07-2020

Active

 

4 br

2 ba

2420 sqft

Single-Family

Foreclosure

$214,900

View Details

01-31-2020

Active

 

4 br

2 ba

1575 sqft

Single-Family

Foreclosure

$107,000

View Details

03-25-2019

Active

 

3 br

2 ba

 

Foreclosure

$9,000

View

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Houston, TX HUD Housing and Foreclosure Homes

10-31-2020

Active

 

3 br

2.1 ba

1971 sqft

 

Foreclosure

$190,000

View Details

10-29-2020

Active

 

4 br

2 ba

2443 sqft

Single-Family

Foreclosure

$259,000

View Details

10-29-2020

Active

 

3 br

2 ba

1655 sqft

Single-Family

Foreclosure

$225,000

View Details

10-26-2020

Active

 

4 br

3.1 ba

2349 sqft

Single-Family

Foreclosure

$310,000

View Details

10-26-2020

Active

 

4 br

3.1 ba

2893 sqft

Single-Family

Foreclosure

$499,000

View Details

10-23-2020

Active

 

4 br

2.1 ba

2825 sqft

Single-Family

Foreclosure

$212,000

View Details

10-22-2020

Active

 

3 br

2 ba

2045 sqft

Single-Family

Foreclosure

$275,000

View Details

10-15-2020

Active

 

4 br

2 ba

2503 sqft

Single-Family

Foreclosure

$375,000

View Details

10-09-2020

Active

 

3 br

3 ba

2674 sqft

Townhome

Foreclosure

View Details

09-28-2020

Active

 

3 br

2 ba

 

Foreclosure

$220,000

View Details

09-28-2020

Active

 

3 br

2 ba

2030 sqft

Single-Family

Foreclosure

$250,000

View Details

09-28-2020

Active

 

4 br

3.1 ba

3465 sqft

Single-Family

Foreclosure

$430,000

View

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How does buying a HUD home work?

A HUD home is a one to four unit home (or condo) that was financed
with an FHA insured mortgage. When an owner fails to make the monthly
mortgage payments, the mortgage lender forecloses on the homeowner.
After the bank takes back the home, the bank will seek reimbursement
from Federal Housing Administration (FHA) on the loss. In other words,
HUD/FHA will buy out the bank and take ownership of the house. FHA is a
division of the Department of Housing and Urban Development, also known
as “HUD”. After HUD takes ownership of the home, the FHA will attempt to
sell the property through an online auction. FHA foreclosed homes are
commonly called “FHA HUD homes”.

Here are the steps to buy a HUD home at the HUD home store:

Step #1 – Get pre-approved!

When you make an offer to HUD for a FHA foreclosure, you
are required to

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