HUD
HUD references the United States Department of Housing and Urban Development. This department attempts to provide loans for renovation and mortgage programs to potential home-buyers. They often deal with lower income or higher risk buyers, and as such tend to be a good source for foreclosed properties.
HUD also has many programs in place for potential home buyers, and these articles discuss the many aspects that should be considered when dealing with them.
Articles on HUD
Purchasing HUD Owned Foreclosure - Home Buyers and Investors
Purchasing a HUD owned foreclosure can be a strenuous process. There are FHA loans which are available, rules on when to bid, and separate bid deadlines for investors and home buyers. We’ll help you through it.
Read more about purchasing a HUD owned property
